Decisions adopted by the Governing Board on the occasion of its 280th regular meeting on 4 December 2003
Important matters dealt with and decisions taken by the Bank of Slovenia Governing Board on its 280th regular meeting on 4 December, 2003:
The Board reduced the interest rates of the Bank of Slovenia instruments by 25 basis points, as follows:
- overnight deposit facility: from 3.25% to 3%
- 270-day Tolar bills: from 7% to 6.75%
- lombard loan: from 7.50% to 7.25% p.a.
The new interest rates will take effect from 5 December 2003.
The Board decided that the Tolar deposits paid to the Bank of Slovenia accounts pursuant to the Decision on Mandatory Deposits Pertaining to Foreign Financial Loans and Deposits Taken in the period from February 1995 to January 1999, will be refunded on 29 April 2004. Detailed information on relevant procedures will be made public in February 2004.