National Bank of Serbia
 
Financial Markets

Short-term Liquidity Loan Auctions

Under the Decision on Terms and Conditions of Granting Short-Term Liquidity Loans Against Collateral of Securities, the NBS may approve to banks dinar liquidity loans with the maturity of up to one year.

The loans are extended at auctions against collateral of dinar-denominated securities, with no foreign currency clause and of minimum 90-day maturity. The securities may be issued by the NBS, Republic of Serbia, international financial organisations and developments banks or financial institutions founded by foreign states, and their credit rating must be “AAA” by Standard&Poor’s or Fitch-IBCA and/or “Aaa” by Moody’s.
 

Short-term Loan Auctions

Calendar of regular short-term loan auctions

Short-term loan auction report
   • Archive of short-term loan auction reports

Auctions at which the NBS extends short-term loans:

 


23/05/2014 Suspension of Short-Term Dinar Liquidity Loan Auctions

As of June 2014, the NBS will no longer be organising regular auctions for the purposes of granting to banks short-term dinar liquidity loans against a collateral of securities. The Decision on Terms and Conditions of Granting Short-Term Liquidity Loans against Collateral of Securities will stay in force and the NBS may decide to reinstitute these auctions should the need arise.