Bloomberg News

Romanian Central Bank Expands Assets for Open-Market Operations

September 30, 2011

Sept. 30 (Bloomberg) -- Romania’s central bank is expanding the list of assets it will accept as collateral in open-market operations.

Banca Nationala a Romaniei will accept euro-denominated bonds issued by Romania on international markets and leu- denominated bonds issued by global financial institutions from Oct. 3, the Bucharest-based bank said today in an e-mailed statement. A margin of 8 percent will deducted from the market value of eligible securities, it said.

--Editors: Andrew Langley, Paul Abelsky

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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