Information from Central Bank’s web-site https://www.cbr.ru
|Purpose||Type of instrument||Instrument||Term||Rate since 19.06.17||Rate since 18.09.17|
|Liquidity provision||Standing facilities||Overnight loans; FX swaps1; Lombard loans; REPO||1 day||10.00||9.50|
|Loans secured by non-marketable assets or guarantees||1 day||10.00||9.50|
|from 2 to 549 days2||10.75||10.25|
|Open market operations (min bid rates)||Loans secured by non-marketable assets, auctions2||3 months||9.25||8.75|
|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|
|Liquidity absorption||Open market operations (max bid rates)||Deposit auctions||from 1 to 6 days3, 1 week|
|Standing facilities||Deposit operations||1 day, call||8.00||7.50|
|Memo item: Refinancing rate4|
|1 Interest rate on the ruble leg; interest rates on the FX leg are equal to LIBOR rates on overnight loans in respective foreign currencies.
2 Loans provided at a floating interest rate, linked to the Bank of Russia key rate.
3 Fine-tuning operations.
4 Starting from 1 January 2016 the refinancing rate was set equal to the Bank of Russia key rate set as of the respective date. Starting from 1 January 2016, the independent value of the refinancing rate will not be set.