Rus News Journal

The market of interbank credits

Has begun rapid growth of interest rates

Yesterday there was a sharp growth of interest rates MBK of all terms. Quotations on purchase of one-day credits most strongly yesterday have risen - the average rates have increased by 13,33 percentage points. Change of quotations towards growth looks quite naturally to start a week, however their increase on 5 - 9 points practically on all positions is connected at once as well with auction carrying out on primary placing of six-monthly state credit obligations.
banks - dealers have unanimously lifted yesterday quotations MBK. Most considerably - on 15 percentage points - rates on purchase/ sale of one-day credits of Mytishchinsky commercial bank yesterday have grown. Quotations of fortnight credits have increased on the average by 5 percentage points, and experts of bank Business Russia Have considered necessary to lower rates on purchase of credits for a period of 14 days too on 5 percentage points. Quite probably that quotations again will decrease in the middle of the week, but on Thursday the market short money it will appear under the influence of more scale auction under three-monthly bonds.