Search results

and lending rates declining faster than the BoR key rate. In particular, since early 2017 the key rate has gone down by 1 pp to

from 18 September due to the reduction of the Bank of Russia key rate. Interest rates on the following instruments: loans secured by the pledge

over the eight months of 2017 is evidenced by growth across all key indicators. In this way, banking sector assets were up 4.5% in

FX swap auctions1 from 1 to 2 days3 9.00 (key rate) 8.50 (key rate) REPO auctions from 1 to 6 days3, 1 week

The Central Bank of the Russian Federation Banking Supervision Department Table 16 Key Characteristics of Сredit Operations of the Banking Sector (Billion Rubles) Rubles Foreign

and lending rates declining faster than the BoR key rate. In particular, since early 2017 the key rate has gone down by 1 pp to

will now broach the second topic – in our view, one of the key topics – on developing competition in the financial market. A competitive environment is

have been reached via direct communication with the market. This explains why key approaches to reform and stages of development have been addressed at various

term not exceeding 90 days. The rate will be Bank of Russia key rate on the day of the transaction plus 1,75 percentage points.

part of these measures, the Bank of Russia will act as a key investor, with the funding coming from the Banking Sector Consolidation Fund. The