Bloomberg News

Russian Banks More Than Doubled Repo Borrowing in Second Quarter

August 31, 2012

Russian lenders more than doubled the average amount borrowed via repurchase agreements with the central bank to 908.6 billion rubles ($28.1 billion) in the second quarter from 382.8 billion rubles in the previous three months, according to a report published on Bank Rossii’s website today.

To contact the reporters on this story: Artyom Danielyan in Moscow at adanielyan@bloomberg.net; Stepan Kravchenko in Moscow at skravchenko@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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