MIL-OSI Russia: Financial news: Bank of Russia to hold fine-tuning repo auction on April 7 (03.04.2025)

Translartion. Region: Russians Fedetion –

Source: Central Bank of Russia –

In order to increase the ability of credit institutions to manage their own liquidity at the end of the averaging period of required reserves and to maintain conditions for the formation of overnight money market rates close to the key rate, the Bank of Russia will hold a fine-tuning repo auction on April 7, 2025, with the first part of the transactions executed on the day of the auction and the second part on April 9, 2025.

The maximum amount of funds provided at the auction will be set on April 7, 2025. The schedule and parameters of the auction will be available on the pages of the Bank of Russia website “Schedule of repo operations in rubles” And“Parameters of repo auctions in rubles” respectively.

The Bank of Russia will continue to monitor the liquidity situation in the Russian banking sector and, taking this into account, will adjust the volumes of operations to provide or absorb liquidity. The purpose of the Bank of Russia’s operations is to maintain money market rates close to the key rate.

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