On holding one-week repo auctions

The Bank of Russia will stop publishing weekly announcements about the type of one-week auction (repo auction or deposit auction) on the business day preceding the auction day. According to Bank of Russia estimates, structural liquidity deficit is expected to preserve in the medium run. In view of this, in 2015 the Bank of Russia will continue holding one-week auctions in the form of repo auction according to the schedule of Bank of Russia operations.

In case a decision is make to hold one-week deposit auction instead of repo auction, respective information will be published on the business day preceding the day such auction is held.

The reference to the Press Service is mandatory if you intend to use this material.

19.01.2015 00.00.00