BUDAPEST, March 29 The National Bank of Hungary
on Wednesday accepted 350 billion forints ($1.22 billion) worth
of three-month deposits from commercial banks as planned at its
monthly tender, it said on its Reuters page.
The central bank has limited the amount of deposits it
accepts from banks to channel more liquidity into bank lending
and government debt.
The total stock of deposits fell to 750 billion forints, as
planned, after the tender from 800 billion forints a month ago.
The bank announced on Tuesday that it would further lower the
limit on the stock to 500 billion forints by the end of June.
($1 = 287.5000 forints)
(Reporting by Sandor Peto; Editing by Catherine Evans)