Bank of Russia to hold one-week deposit auction

On 31 May 2022, the Bank of Russia will hold a one-week deposit auction with the deposit date on 1 June 2022 and the maturity date on 8 June 2022. The maximum allotment amount at the auction will be set on 31 May 2022. The schedule and parameters of the auction will be published on the Bank of Russia website in Terms of Deposit Auction and Deposit Auction Announcements, respectively.

Amid the remaining structural liquidity surplus, the Bank of Russia plans to continue holding one-week auctions in the form of deposit auctions. If the Bank of Russia decides to hold a one-week repo auction instead of a deposit auction, the relevant information will be published on its website on the business day preceding the auction.

The Bank of Russia will continue to monitor the liquidity situation in the Russian banking sector and, when necessary, adjust the amounts of liquidity providing and absorbing operations based on its findings.

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