The Discount Bill is issued by the MNB within the scope of its fundamental duties, as defined in Section 4(1) of the MNB Act, in accordance with Article 18c) of the MNB Act, first and foremost for the purposes of enforcing the monetary policy, in addition, to ease foreign exchange swap market tensions, and to mitigate the market impact of the deleveraging of non-resident clients of domestic credit institutions of key importance for the foreign exchange swap market.

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