The Base Rate In Bulgaria Increases

The base rate increases by 0,15 percent compared to September.Compared to October 2007, when the base rate was 4.24 percent, the increase is 1.14 percent.For the period January-October 2008 the base rate has increased by 0.7 percent, following a tendency of gradual increase.The base rate is formed from the average arithmetic quantity of the index LEONIA for the past month, which has an effect on the contracted deals with overnight deposits in leva by a representative group of banks.