Statement from the 27th Meeting of the Bank Board of the NBS

The 27th Meeting of the Bank Board of Narodna banka Slovenska was held on 24 June 2008, chaired by Ivan Sramko, Governor.

The Bank Board of the NBS discussed the Situation Report on Monetary Development in Slovakia in May 2008 and decided on maintaining its current interest rates for the overnight sterilization transactions at 2.25%, the overnight refinancing transactions at 5.75% and the limit rate for two-week repo tenders with commercial banks at 4.25%.

The Bank Board of the NBS discussed and approved the draft Decree of the NBS laying down the method of presenting a proof that conditions have been fulfilled for granting a licence to perform insurance and reinsurance activities.

The Bank Board of the NBS approved the draft Decree of the NBS which determines the number of decimal places when rounding the nominal value of certain securities upon conversion from the Slovak koruna to euro. The Decree shall become effective on 8 July 2008.

Jana Kováčová
Spokesperson of the NBS

National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2161,+421-2-5865 2161, +421-2-5787 2166, +421-2-5865 2166
Internet: http://www.nbs.sk

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