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of February 17, 2015 No. 42

About the level of interest rates of National Bank of Moldova

Based on the Art. 17, the item a) Art. 26 of the Law No. 548-XIII of July 21, 1995 on National Bank of Moldova (Monitorul Oficial al Republicii Moldova, 1995, Art. No. 56-57, 624), with subsequent changes and amendments, and according to the Strategy of monetary management of National Bank of Moldova for the medium-term period (it is approved by the Resolution of Administrative board of National Bank of Moldova No. 303 of December 27 2012) the Administrative board of National Bank of Moldova DECIDES:

1. Increase the basic rate applied on the main short-term transactions of monetary management by 5.0 percent points – from 8.5% to 13.5% per annum.

2. Increase the following interest rates:

a) on the credits overnight on 5.0 percent points – from 11.5% to 16.5% per annum;

b) on deposits overnight on 5.0 percent points – from 5.5% to 10.5% per annum.

3. This resolution becomes effective on February 18, 2015 and is published in Monitorul Oficial al Republicii Moldova.

Chairman of Administrative board of National Bank of Moldova

Doreen Dregutsana

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