Regulatory Alerts2025-03-25
Directive No. 04/2025, March 21
The Governor of the Central Bank, acting through the Markets Department, has issued Directive No. 04/2025 to adjust key interest rates following the Monetary Policy Committee's March 17–18, 2025 session. The directive fixes the BNA Base Interest Rate at 19.5%, the Permanent Lending Facility rate at 20.5%, and the Permanent Liquidity Absorption Facility rate at 17.5%. All provisions enter into force immediately, with the Markets Department retaining authority to clarify any interpretive ambiguities.
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