That was for the month of July, meaning the RBM went away with K1.4 billion in interest. Obviously, the so called banking liquidity crisis was going to get worse with borrowing from the Discount Window. Well, the truth of the matter is that the K25.9 billion daily average was a rolling figure and not to be treated as separate borrowings.
This brings us to the second important point. Conditions for borrowing of government and banks on international markets and credit conditions for business and households have improved significantly. We could observe something similar in Croatia in previous years. These favourable developments also bring risks.