repo

Russian central bank provides banks with $23 billion at 3-day repo auction

Reuters0

MOSCOW – Russia’s central bank on Friday said it had provided banks with 1.9 trillion roubles ($22.87 billion) out of 3 trillion roubles on offer at a “fine-tuning”, three-day repo auction. Seeking to maintain financial stability, the central bank started beefing up the banking sector with extra liquidity and selling foreign currency on the forex market after the rouble fell to all-time lows on Thursday after Moscow sent its troops into Ukraine. ($1 = 83.0650 roubles) (Reporting by Elena Fabrichnaya and Alexander Marrow; editing by Andrey Ostroukh)

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Russian central bank raises limit for Friday’s repo auction to 3 trln rbls

Reuters0

MOSCOW – The Russian central bank on Friday said it was raising the limit at a “fine-tuning” repo auction later on Friday to 3 trillion roubles ($35.55 billion) from 2 trillion roubles, as it works to maintain stability on financial markets. The central bank beefed up the banking sector with extra liquidity and started to sell foreign currency on the forex market after the rouble fell to all-time lows on Thursday after Moscow sent its troops into Ukraine. ($1 = 84.3820 roubles) (Reporting by Maria Kiselyova; Writing by Alexander Marrow; Editing by Katya Golubkova)

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Russian central bank raises limit on banks’ outstanding debt under repo to $50 billion

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MOSCOW – The Russian central bank on Thursday said it was raising the ceiling for banks’ outstanding debt under repo auctions to $50 billion from $15 billion as part of measures to support financial stability. The central bank beefed up the banking sector with extra liquidity and started to sell foreign currency on the forex market after the rouble fell to all-time lows on Thursday after Moscow sent its troops into Ukraine. (Reporting by Andrey Ostroukh; Editing by Susan Fenton)

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Russian cenbank says will hold “fine-tuning” repo auction on Friday

Reuters0

MOSCOW – The Russian central bank on Thursday said it would hold a “fine-tuning” repo auction on Feb. 25 with a limit of 2 trillion roubles ($23.03 billion), as it works to maintain stability on financial markets and support banking sector liquidity. Repo, or repurchase agreement, auctions are designed to increase banks’ capacity to manage their liquidity, which the central bank said was currently sufficient. It sold 874 billion roubles at an earlier repo auction on Thursday. ($1 = 86.8370 roubles) (Reporting by Andrey Ostroukh; Writing by Alexander Marrow; Editing by Alison Williams)

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