Context:
This means the CBR is injecting more short-term liquidity into the banking system toward year-end, likely to help banks cover funding needs, tax-payment seasonality, or stress in money markets.
The weekly repo support has increased by about 2.71 trillion rubles since early September.

I read about that this was a Russian air defense missile trying to shut down a drone.

3/3 ... effectively monetising stress and adding ruble-liquidity, with more inflation and FX-risk down the road.

I am quite sure there will be big repo based spikes in Nov or December to close the liquidity gap. RU FX devaluation and more inflation are coming in 2026 + less oil revenues in Russia.

2/3 The CBR itself says weekly repos are its main tool when the banking system runs a structural liquidity deficit. A sharp rise in repo volumes would mean banks can’t fund normally and need central-bank cash! ...

Yes - see below. I suppose 2025 it will make a big jump towards a much higher number when I look what's ongoing at the moment.

tradingeconomics.com/united-state...

The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index.

Left Russias corruption rank and trend which is worsening massively.
It's on rank 154 corrupt nation out of 180 (almost at the end).
On the right side Ukraines trend which is improving quite well to rank 105 in 2024.

Data: trading economics

tradingeconomics.com/russia/corru...

I miss your post here on Bluesky

Outlook is bleak. New US sanctions on Rosneft & Lukoil scare Indian/Chinese buyers and strand more 🇷🇺 crude at sea. Profits crash, the interim dividend is cut to the weakest since 2020, Vostok Oil still eats capex, and ROSN is down ~32% YTD. The Kremlin’s cash-machine is sputtering.

The squeeze: weaker oil prices and deeper Urals discounts, a stronger rouble, sky-high Russian rates and higher profit taxes, plus FX & tax one-offs. Add war-time security costs and repeated Ukrainian drone hits on Rosneft refineries and infrastructure.