Average-weighted Lombard auction rates on credits extending for 14 calendar days
 
Average-weighted Lombard auction rates on credits extending for 14 calendar days
Auction date Cut-off rate Average-weighted interest rate
14.10.2003 7.00% 7.71%
21.10.2003 auction was not held
28.10.2003 8.00% 8.00%
04.11.2003 auction was not held
11.11.2003 8.00% 8.01%
18.11.2003 auction was not held
25.11.2003 7.20% 7.77%
02.12.2003 7.50% 7.50%
09.12.2003 auction was not held
16.12.2003 7.20% 7.40%
23.12.2003 7.50% 7.60%
29.12.2003 7.40% 7.64%

Operations on extending Lombard credits on auction were resumed since October 2003 in accordance with the Bank of Russia Board of Directors. Auctions are held every Tuesday with entering funds to an account on Wednesday. Lombard credits are extended for a term of two weeks (14 calendar days).

Updated January 11, 2005.

 

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