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9 trillion rubles in the December AP). As of early February, liquidity surplus declined by 1.6 trillion rubles to 0.1 trillion rubles vs

STR plus 1.5 percentage points while the interest rate for the ruble leg is the Bank of Russia key rate minus one percentage point.

1.3. Digital ruble project development: • pilot-tests of the digital ruble platform. Importantly, there are plans for the rollout of the digital ruble in offline

will hold a fine-tuning repo auction in the amount of 2 trillion rubles on 25 February 2022, with the first leg to be conducted on

service Operation period of the faster payments service established pursuant to the rules of the Bank of Russia Payment System does not change (24/7

Aug-19 Aug-20 Aug-21 Corporate loans (excluding currency revaluation) Ruble retail loans Ruble corporate loans Ruble retail loans Ruble loans to non-financial organisations Sources: Bank of

from their cash desks will be increased from 100,000 rubles to 300,000 rubles. The cooperatives will be able to give out such amount

service Operation period of the faster payments service established pursuant to the rules of the Bank of Russia Payment System does not change (24/7