Cbank cancels debut monthly repo auction on lack of bids

MOSCOW, May 25 (PRIME) -- A debut monthly direct repo auction of the central bank was cancelled on Monday due to the lack of bids, the regulator said in a statement.

Central Bank Chairwoman Elvira Nabiullina earlier said that that the central bank planned the volume at 500 billion rubles.

(71.8804 rubles – U.S. $1)

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