On conducting auction to provide 18-month loans secured by non-marketable assets at floating interest rate
The Bank of Russia took a decision to conduct an auction to provide
Auction date: 27 July 2015.
Settlement date: 29 July 2015.
Maturity date: 25 January 2017.
Auction type: Dutch auction.
Maximum allotment at the auction: 500 billion rubles.
Minimum bid rate: the Bank of Russia key rate effective on the date of the auction increased by 0.25 percentage points.
Minimum bid volume: 25 million rubles.
Maximum number of bids from a credit institution: 3 for every correspondent (credited) account with the Bank of Russia.
Only competitive bids are accepted.
Auction timing:
Tender offer |
till |
Auction time |
till |
The auction is conducted in accordance with Bank of Russia Regulation No.
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