24.11.2008, 21:32
CBR Floated Loans worth RUB 2.17 tn to Banks for Refinancing
OREANDA-NEWS. November 24, 2008. CBR floated loans worth RUB 2.17 tn to banks for refinancing in October, up 44% on September. According to the data released by the Bank of Russia, the bulk of this amount traditionally fell to intraday loans, RUB 2.02 tn, up 40% on September and up 50% on August. The amount of overnight loans rose to RUB 34.9 bn, up 48% on September and 2.2x on August. Banks raised Lombard loans worth RUB 64.6 bn, up 2.2x on September and up 16x on August. The amount of CBR’s loans secured by non-market assets advanced significantly, 3.6x to RUB 51.7 bn. Such borrowings grew 6.7x compared with August.
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