Statement from the 41st Meeting of the Bank Board of the NBS

The 41st Meeting of the Bank Board of Narodna banka Slovenska was held on 30 September 2008, chaired by Ivan Sramko, Governor. The Bank Board of the NBS discussed the Situation Report on Monetary Development in Slovakia in August 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 Decree by which the procedural regulations regarding banknotes and coins issued before the date of the euro changeover in the Slovak Republic shall be repealed.

The Bank Board approved the “Report on fulfilment and process of preparations for the euro changeover in the NBS” and the “Internal plan of the NBS for the euro changeover.” The preparation is proceeding in accordance with the Internal plan of the NBS for the euro changeover and the National euro changeover plan in the Slovak Republic. In connection with termination of the validity of the Slovak koruna and the euro changeover in the Slovak Republic from 1 January 2009, 102 Decrees shall be repealed by which Narodna banka Slovenska issued into circulation the Slovak banknotes and coins including commemorative coins in the period from 8 February 1993 to the date of the euro changeover.

Jana Kovacova
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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