On changing the procedure of fixed-rate repo transactions

The Bank of Russia decided to hold fixed-rate repo transactions in the interval from 10:45am to 6:00pm Moscow time starting 16 January 2017. This leaves the beginning of repo transactions unchanged and extends their active period by 30 minutes.

The extension of fixed-rate repos till the end of standard business hours will expand banks’ capacity to manage their liquidity. This will help raise the efficiency of operational framework of the monetary policy.

Information on the schedule of ruble repo transactions is available on the Bank of Russia website.

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