Dominique Strauss-Kahn has been granted bail by a judge in a New York court, after being formally charged with attempted rape.

The ruling came just a day after Strauss-Kahn resigned as the International Monetary Fund's boss.

His lawyers said he was honourable and would not try to abscond. Prosecutors said he had "incentive to flee".

Supreme Court Justice Michael Obus imposed USD1 M cash bail and said there must be 24-hour home detention, with an armed guard and electronic monitoring.

The judge said one armed guard must be deployed at all times, at Strauss-Kahn's expense, and the defendant must surrender all travel documents. In addition to the USD 1 M  cash bail, a USD 5 M insurance bond would also apply.

Strauss-Kahn, a former French finance minister, was arrested May 14 on accusations of sexually assaulting a hotel maid and has been at New York's Rikers Island jail complex since May 16.

He will appear in court again on 6 June, when he will formally enter a plea.

Strauss-Kahn faces a number of charges in the alleged sexual assault of a 32-year-old maid in New York's Sofitel hotel.

They are: committing a criminal sexual act, attempted rape, sexual abuse, unlawful imprisonment and forcible touching.

He has denied all the accusations against him.

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