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Interest Rates on Foreign Currency Operations from 2014 to 2021

% p.a.
Instrument type Instrument Term Rate since
17.09.2014
Rate since
27.10.2014
Rate since
05.11.2014
Rate since
04.12.2014
Rate since
23.12.2014
Rate since
30.03.2015
Rate since
13.04.2015
Rate since
21.04.2015
Rate since
14.12.2015
Rate since
23.12.2016
Standing facilities USD/RUB sell/buy FX swaps1 overnight 1.50 LIBOR+1.50
Auctions2 USD and EUR repos3 1 week LIBOR + 2.00 LIBOR + 1.50 LIBOR + 0.50 LIBOR + 1.00 LIBOR + 1.50 LIBOR + 2.00
28 days LIBOR + 2.25 LIBOR + 1.50 LIBOR + 0.50 LIBOR + 1.00 LIBOR + 1.50 LIBOR + 2.00
12 months LIBOR + 1.50 LIBOR + 0.50 LIBOR + 1.00 LIBOR + 1.75 LIBOR + 2.50 LIBOR + 3.00
USD and EUR loans3 28 days LIBOR + 0.75 LIBOR + 1.25 LIBOR + 1.75 LIBOR + 2.25
365 days LIBOR + 0.75 LIBOR + 1.25 LIBOR + 2.00 LIBOR + 2.75 LIBOR + 3.25

1 Ruble leg rate is set at the key rate level decreaed by 1 percentage point.

2 Minimum bid rates are presented. There were repo auctions: for 1 week – from 10.11.2014 to 05.09.2017, for 28 days – from 10.11.2014 to 02.10.2017, for 12 months – from 17.11.2014 to 08.05.2015 and from 14.12.2015 to 28.03.2016. And there were loan auctions: for 28 days – from 28.01.2015 to 05.11.2015, for 365 days – from 28.01.2015 to 17.04.2015.

3 LIBOR rates in corresponding currencies for comparable terms are used.

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Last updated on: 16.12.2025