Prune60

I was just minding my business shopping for a new toothbrush holder! (I will not be purchasing that one)

Here are my associated graphs Data source: cbr.ru/eng/hd_base/...

We’ll pause here until the bond curve gets released.

Here is an example: See how you are tempted to add the numbers together? Even though I added a note on the settlement dates?

As a side note…The Russian Central Bank is getting questioned more often about banking liquidity. And I do wonder if the sudden offer of a 2 day REPO was their way of avoiding doing two 1 day auctions, and this people… misinterpreting the total repo amount.

They couldn’t reach 0.25 trillion

Here’s the data on the bonds. Ballpark guess…If they get good terms, they could get maybe 0.5 trillion towards their Q4 goal if they placed all of this? The problem is the demand. While it’s possible more cash shows up tomorrow to compensate for no auction next week…

While we’re talking banking liquidity… Here is my updated Banking liquidity table, with column 2 sorted in descending order going back to the beginning of 2022. The red values are the month after the 2022 invasion. Purple is October 2026 Orange is September 2026 Yellow is August 2026

The Russian Central Bank did an 8 Day Repo today instead of a 7 day. This was likely done as a result of the Holidays next week. (There won’t be an OFZ auction next week either). Al though this may seem like a jump up, as long as they don’t hold any more shorter term auctions, it’s not really?

You can see the details for them on my calculator table. Neither bond has coupon payments remaining in 2026

As a side note when I saw that the video was from Al Jazeera my first thought was… 🇶🇦: We bought him a jet and he’s losing in KENTUCKY!? 🤬

The issues they were mentioned that might help the Democrat win in the Congressional seat were some of the same things that Booker (the Democratic Candidate for Senate) said in his debate with Andy Barr.

They were talking about the congressional seat, that doesn’t have an incumbent because the previous guy is running for Senate. The district also contains Lexington which is the second largest city in Kentucky and home to huge of Kentucky’s Democrats.