Russia c.bank injects 78.5 bln roubles via repos - News

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Russia c.bank injects 78.5 bln roubles via repos

By: AFX | 16 Nov 2009 | 04:17 AM ET

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MOSCOW, Nov 16 (Reuters) - The Russian central bank injected 78.5 billion roubles ($2.72 billion) of one-day funds into the banking system at a rate of 6.85 percent in its first repo auction of the day on Monday. The minimum interest rate was set at 6.75 percent. A maximum of 90 billion roubles had been on offer at the two repo auctions scheduled for the day. Following are results of the latest auction, provided by the central bank on its Web site (www.cbr.ru): Date Nov 16 Nov 13 Nov 13 Session 1st 2nd 1st Amount (bln rbls) 78.53 0.84 24.09 Bids (bln rbls) 78.53 0.84 24.09 Average rate 6.85 6.84 6.84 NOTE - For details of central bank repo tenders click here . ($1=28.83 Rouble) Keywords: RUSSIA REPO/FIRST (Moscow Newsroom; +7495 775 1242; moscow.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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