The Decisions adopted by the Governing Board on the occasion of its 291st regular meeting on 3rd June 2004

The Decisions adopted by the Governing Board on the occasion of its 291st regular meeting:

The board reduced the Bank of Slovenia interest rates, effective on 4 th June 2004, as follows:

• overnight deposit:2.25%
• lombard loan:5,50%
• buy/sell FX swap:1,75%
• sell/buy FX swap:0,25%
• 60- day tolar bills:4,25%
• 270-day tolar bills: 4,50%

The Board amended the minimum bank liquidity requirement. The required percentage share of bank liquid assets in foreign currency is reduced from 75 to 70 per cent and the required minimum amount of Bs Bills in foreign currency has been lowered from 40 to 35 per cent.