Search results

policy independence,” National Bureau of Economic Research Working Paper. Simanovskiy, A., A. Morozov, A. Sinyakov, A. Porshakov, M. Pomelnikova, Y. Ushakova, V. Markelov, and M.

provided that certain conditions are fulfilled (regular bank card turnover, a permanent minimum balance on a bank card, etc.) are not taken into account. — Combined

Russia (hereinafter, the Report) provides a review of the RUONIA administration over the period from January through June 2023. As a draft public document shall

Interest Rates Basic features of PM and SM Liquidity provision limits on a credit institution BoR Secured Loans BoR Repos BoR FX Swaps BoR Deposit

Bank of Russia’s functions: • making a decision on approving a transaction (transactions) to acquire (by a person or a group of persons) more than

for a loan auction. Non-competitive bids are accepted if it is stipulated in the terms and conditions of a loan auction. That said, a cap

Bank of Russia intraday loans are extended automatically on a credit institution’s correspondent account. A credit institution does not have to file any applications

one day before a one-week auction, on the current business day of a fine-tuning auction, and communicated to market participants via a notice on the

with securities as collateral. These repos are conducted at the bid of a credit institution submitted to the Bank of Russia through the Moscow Exchange

banking sector liquidity forecast and, when necessary, takes a decision and makes an announcement on holding a fine-tuning auction as well as on its term