Databases

The banking sector structural liquidity deficit/surplus

from to

(at the beginning of the day)

billions of rubles

Date	Structural liquidity deficit (+)/ surplus (-)	including
		the CBR standard monetary policy instruments									regular non-standard CBR monetary policy instruments*
		the CBR claims on the banking sector	including				the CBR liabilities to the banking sector	including
			auction-based operations		standing facilities			deposits		the CBR bonds
			REPOs and buy/sell FX swaps	secured loans	REPOs and buy/sell FX swaps	secured loans		auction-based	standing facility	the CBR bonds
1	2	3	4	5	6	7	8	9	10	11	12
22/09/2017	-787	42.8	0	0	35.7	7.2	-1,166.2	-700	-315.3	-150.9	336.3

* The net of the CBR claims on the banking sector and the CBR liabilities to the banking sector: the CBR specialized monetary policy instruments, contractual committed liquidity facility and sell/buy FX.

Structural liquidity deficit/surplus is calculated as a difference between the CBR aggregated claims on the banking sector and the CBR aggregated liabilities to the banking sector (columns 3+8+12). The banking sector structural liquidity deficit is the state of the banking sector which implies the existence of bank’s permanent need of raising funds with the CBR operations; in case of structural liquidity surplus - permanent need of allocating funds through the CBR operations.