On results of Bank of Russia auctions to provide US dollar loans secured by the pledge of claim on US dollar loans to credit institutions
On 20 February 2015, Bank of Russia held auctions to provide US dollar loans secured by the pledge of claim on US dollar loans to credit institutions.
The
As a result of the auction the cut-off rate was set at 0.9235% p.a.
The interest rate on the loans provided is also 0.9235% p.a.
The allotment amount was 2500.6 million US dollars.
The
As a result of the auction the cut-off rate was set at 1.4309% p.a.
The interest rate on the loans provided is also 1.4309% p.a.
The allotment amount was 922.1million US dollars.
Auctions were held on the following terms:
The maturity is 28 days (the settlement date — 25 February 2015, the maturity date — 25 March 2015). The type of the auction is a Dutch one. The maximum allotment amount is 4.0 billion US dollars.
The maturity is 365 days (the settlement date — 25 February 2015, the maturity date — 25 February 2016). The type of the auction is a Dutch one. The maximum allotment amount is 1.0 billion US dollars.
The auctions were held in compliance with Article 46 of Federal Law No.
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