On holding one-week deposit auction

The Bank of Russia took a decision to hold on 22 November 2016 a one-week deposit auction with the following parameters:

The auction conditions are available at the page ‘Conditions of Bank of Russia auction-based deposit and credit operations for a one-week period’.

The Bank of Russia will inform credit institutions on the results of the deposit auction or on its cancellation till 1:30 p.m., Moscow time, on 22 November 2016.

The Bank of Russia holds deposit auctions in accordance with Bank of Russia Regulation No. 404-P, dated 9 August 2013, ‘On Conducting Bank of Russia Deposit Operations with Credit Institutions’.

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