Central Bank of Russia lowering refinancing rate 0.5 pp on Sept 30
MOSCOW. Sept 29 (Interfax) - The Central Bank of Russia lowers its refinancing rate half a percent and other key rates by between 0.25 and 0.75 pp on September 30, the CB said in a statement.
The rates, valid since September 15, will fall as follows:
- Refinancing rate - to 10.0%;
- Direct repo (at auctions): 1 day - 7.25%, seven days - 7.25%, 90 days - 8.75%, six months - 9.25%, 12 months - 9.75%;
- Direct repo (fixed interest): 1 day - 9.0%; seven days - 9.0%; 12 months - 9.75%;
- Lombard loans (1 day) - 9.0%; seven calendar days - 9.0%; and for 30 calendar days - 9.0%;
- Overnight loans - to 10.0%;
- Loans secured by assets and guarantees maturing in up to 90 calendar days - 9.0%; 91 to 180 days - 9.5%; 181-365 days - 10.0%;
- Currency swap (rubles, 1 day) - 10.0;
- Deposits Tom-next, Spot/next, Call - 4.75%; 1 week, Spot/week - 5.25%.
- Lombard credits (at auctions): 14 calendar days - 7.25%; three months -8.75%; six months - 9.25%; 12 months - 9.75%.