Bank of Russia operations to manage banking sector liquidity on 5 – 8 March 2022

Following the change in the Moscow Exchange trading schedule, the Bank of Russia will not conduct repo operations on 5 and 7 March 2022. The repos made on 4 March 2022 will be executed on 9 March 2022.

No changes are made to the terms of the Bank of Russia fine-tuning deposit auction scheduled for 5 March 2022. The amount of auction will be 3 trillion rubles with the deposit date on the day of the auction and maturity date on 9 March 2022.

Moreover, to expand the capabilities of credit institutions to manage their own liquidity and maintain overnight money market rates close to the key rate, on 6, 7 and 8 March 2022, the Bank of Russia will issue secured standing lending facilities with the maturity date on and after 9 March 2022. Also, credit institutions will be allowed to make overnight deposits with the maturity date on 9 March 2022.

No changes are made to the schedules of other Bank of Russia operations. The updated schedule of Bank of Russia operations will be available at Bank of Russia Operation Schedule

The reference to the Press Service is mandatory if you intend to use this material.

04.03.2022 17.04.33