On results of Lombard auction to provide 36-month loans

On 15 December 2014, the Central Bank of the Russian Federation held a Lombard auction to provide loans at a floating interest rate on the following terms:

The maturity is 36 months (the settlement date — 16 December 2014, the maturity date — 13 December 2017). The type of the auction is a Dutch one. The maximum allotment amount is 700.0 billion rubles.

The Lombard auction to provide 36-month loans at a floating interest rate is recognised invalid as no bids have been placed.

The auction was held in compliance with Article 46 of Federal Law No. 86-FZ, dated 10 July 2002, ‘On the Central Bank of the Russian Federation (Bank of Russia)’ and Bank of Russia Regulation No. 236-P, dated 4 August 2003, ‘On the Procedure for Extending Bank of Russia Loans to Credit Institutions against Securities’.

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