On the parameters of the auctions for the provision of loans secured by non-marketable assets at a floating interest rate for the third and fourth quarters of 2014
The Bank of Russia set the following parameters of the auctions for the provision of loans secured by non-marketable assets at a floating interest rate to be held in the third and fourth quarters of 2014.
Date | Term | Settlement date | Maturity date |
14.07.2014 | 3 months | 16.07.2014 | 15.10.2014 |
28.07.2014 | 12 months | 30.07.2014 | 29.07.2015 |
11.08.2014 | 3 months | 13.08.2014 | 12.11.2014 |
08.09.2014 | 3 months | 10.09.2014 | 10.12.2014 |
13.10.2014 | 3 months | 15.10.2014 | 14.01.2015 |
10.11.2014 | 3 months | 12.11.2014 | 11.02.2015 |
08.12.2014 | 3 months | 10.12.2014 | 11.03.2015 |
Auction type: Dutch auction.
Minimum interest rate: the Bank of Russia key rate effective on the date of the credit auction increased by 0.25 percentage points.
Minimum bid: 25 million roubles.
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 12.00 local time |
Auction time | till 17.00 Moscow time |
The auctions are conducted according to Regulation No.
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