German rates unchanged

The Bundesbank said yesterday that its policy«MDBO» «MDNM»making council left the German discount and Lombard rates unchanged…

The Bundesbank said yesterday that its policy«MDBO» «MDNM»making council left the German discount and Lombard rates unchanged at its regular meeting.

The Gerraan discount rate remains at 2.50 per cent and the Lombard emergency financing rate at 4.50 per cent. The central bank's main money market rate, the repo, was also held steady at 3 per cent for the next two weeks.

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