Russian banks bid 7 bln rbl at central bank's 1-year repo auction
MOSCOW, Apr 18 (PRIME) -- The Russian banks bid 7.04 billion rubles at a central bankТs auction for 100 billion rubles of 1-year repo deals, the authority said in a statement on Monday.
The cut-off rate and the weighted average amounted to 17.25% annually.
The money will be placed on Wednesday and returned on April 19, 2023.
(80.0437 rubles Ц U.S. $1)