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Results of auctions to provide loans secured by non-marketable assets at a floating interest rate

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Auction date Loan maturity Auction type Settlement date Maturity date: repayment of Bank of Russia loan and interest Auction demand, billion rubles Volume of funds provided, billion rubles Minimum bid rate, % Maximum bid rate, % Cut-off rate, % Average weighted rate, %* / Interest rate of loans provided, %** Number of credit institutions attending auction Number of Russian regions
03/03/2016 3 months Dutch 09/03/2016 08/06/2016 174.4 50.0 11.67 12.75 12.01 12.01 14 5

* For the American auction type.

** For the Dutch auction type.