 |
|
||
|
|||
|
|||
|
|
||
|
|
|
|
|||||
|
||||||||
|
|
|
Banks raise $3.5bn in unsecured Central Bank loans
RBC, 10.11.2008, Moscow 14:02:27.The Bank of Russia has granted banks RUB 94.227bn (approx. USD 3.49bn) in unsecured loans at a cutoff rate of 9.91 percent, MICEX has revealed. Auctions for unsecured Central Bank loans to Russian lending organizations had been scheduled for November 10 and 11 in accordance with a letter from the Bank of Russia on November 7. At today's auction, credit facilities were made available with a three-month term (issue date - November 12, 2008, maturity date - February 11, 2009). The maximum amount was set at RUB 100bn (approx. USD 3.7bn), with the maximum number of applications per lending organization fixed at 3, and the minimum bid at RUB 1m (approx. USD 37.02). Unsecured credit facilities with a five-week maturity will be auctioned off on Tuesday.
|
|||||||||||||||||||||||||||||||||||
