DUTCH MONEY MARKET DEBT EASES IN WEEK

  Loans and advances from the Dutch
  Central Bank to the commercial banks fell 1.01 billion guilders
  to 9.5 billion guilders in the week ending March 30, the Bank's
  weekly return showed.
      Dealers said payments by the Dutch state, partly in the
  form of civil service wages, had outweighed payments to the
  State, causing the money market deficit to ease.
      The Treasury's account with the Bank dropped 960 mln
  guilders to 6.5 billion guilders.
      Liabilities in gold or foreign currency rose 200 mln to
  11.9 billion guilders.
      Dealers said it was more likely that the alteration in this
  item on the weekly return indicated normal commercial foreign
  exchange business rather than intervention by the Central Bank.
       The Bank itself does not disclose information on
  intervention.
      Seasonal variation brought bank notes in circulation up 190
  mln guilders to 29.7 billion guilders.
      Total gold and currency reserves rose 173 mln guilders to
  56.4 billion guilders.
      Call money and period rates were barely changed in the
  week. Today all were traded at 5-3/8 to 5-1/2 pct.
  

