|
Interest rates on the Bank of Russia operations
(% p.a.) |
| Purpose | Type of instrument | Instrument | Term |
Rate since 28.02.11 |
Rate since 03.05.11 |
Rate since 31.05.11 |
Rate since 15.09.11 |
Rate since 26.12.11 |
| Liquidity provision | Standing facilities (fixed rates) | Overnight loans | 1 day | 8.00 | 8.25 | 8.25 | 8.25 | 8.00 |
| FX swaps (rouble rate) | 1 day | 8.00 | 8.25 | 8.25 | 8.25 | 8.00 | ||
| Lombard loans, REPO | 1 day, 7 days1 | 6.75 | 6.75 | 6.75 | 6.50 | 6.25 | ||
| Lombard loans | 30 days2 | 6.75 | 6.75 | 6.75 | 6.50 | 6.25 | ||
| REPO | 12 months2 | 7.75 | 8.00 | 8.00 | 7.75 | 7.75 | ||
| Loans secured by gold | Up to 90 days | — | — | — | 6.75 | 6.75 | ||
| From 91 to 180 days | — | — | — | — | 7.25 | |||
| Loans secured by non-marketable assets and guarantees | Up to 90 days | 7.00 | 7.25 | 7.25 | 7.00 | 7.00 | ||
| From 91 to 180 days3 | 7.50 | 7.75 | 7.75 | 7.50 | 7.50 | |||
| From 181 to 365 days2 | 8.00 | 8.25 | 8.25 | 8.25 | 8.00 | |||
| Open market operations (minimum interest rates) | REPO auctions | 1 day | 5.25 | 5.50 | 5.50 | 5.25 | 5.25 | |
| Lombard and REPO auctions | 7 days | 5.25 | 5.50 | 5.50 | 5.25 | 5.25 | ||
| 3 months | 6.75 | 7.00 | 7.00 | 6.75 | 6.75 | |||
| 6 months2 | 7.25 | 7.50 | 7.50 | 7.25 | 7.25 | |||
| 12 months2 | 7.75 | 8.00 | 8.00 | 7.75 | 7.75 | |||
| Liquidity absorption | Open market operations (maximum interest rates) | Deposit auctions | 1 month | 5.00 | 5.25 | 5.50 | 5.50 | 5.50 |
| 3 months2 | 6.00 | 6.25 | 6.50 | 6.50 | 6.50 | |||
| Standing facilities (fixed rates) | Deposit operations | 1 day, 7 days, call | 3.00 | 3.25 | 3.50 | 3.75 | 4.00 | |
| Memo item: | ||||||||
| Refinancing rate | 8.00 | 8.25 | 8.25 | 8.25 | 8.00 | |||
| 1 7 days fixed rates REPO operations have been suspended. |
| 2 Operations have been suspended. |
| 3 Operations were suspended from 10 February 2011, resumed from 1 November 2011. |
Updated December 23, 2011. |