On results of deposit auction-based fine-tuning operation
On 22 January 2015, the Bank of Russia held deposit auction-based fine-tuning operation.
The deposit auction was attended by 44 credit institutions from 15 Russian regions. Bids offering interest rates in the range of 16.50% p.a. to 17.00% p.a. were submitted to the deposit auction. The deposit auction allotment amount was 288.99 billion rubles.
As a result of the deposit auction the cut-off rate was set at 16.95% p.a.
The weighted average interest rate was 16.89% p.a.
The volume of funds raised as a result of the deposit auction was 190.00 billion rubles.
The auction was held in compliance with Article 46 of Federal Law No.
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