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(AFX UK Focus) 2009-11-25 09:35 Russia c.bank injects 123.4 bln roubles via repos

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MOSCOW, Nov 25 (Reuters) - The Russian central bank injected 123.4 billion roubles ($4.29 billion) of one-day funds into the banking system at a rate of 6.6 percent in its first repo auction of the day on Wednesday. The minimum interest rate was set at 6.25 percent, reflecting a 50 basis point cut in all of the central bank's main interest rates unveiled on Nov. 24. A maximum of 125 billion roubles had been on offer at the two repo auctions scheduled for the day. Following are results of the latest auction, provided by the central bank on its Web site (www.cbr.ru): `Date Nov 25 Nov 24 Nov 24` `Session 1st 2nd 1st` `Amount (bln rbls) 123.42 0.69 24.14` `Bids (bln rbls) 182.49 4.78 34.74` `Average rate 6.60 8.00 6.86` NOTE - For details of central bank repo tenders click here . `($1=28.79 Rouble) Keywords: RUSSIA REPO/FIRST` (Moscow Newsroom; +7495 775 1242; moscow.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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