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MIL OSI Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange – Moscow Exchange

Please note; This information is raw content directly from the source of the information. It is accurate to what the source states and does not reflect the position of MIL-OSI or its customers.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

Parameters
Date of the deposit auction 04/03/2024
Placement currency RUB
Maximum amount of funds to be placed (in placement currency) 1,090,000,000.00
Placement period, days 365
Date of deposit 04/04/2024
Refund date 04/04/2025
Minimum interest rate of placement, % per annum 14.60
Conditions of conclusion, fixed-term or special Urgent
Minimum amount of funds to be placed for one application (in placement currency) 1,090,000,000.00
Maximum number of bids from one Participant, pcs. 1
Form of auction, open or closed Open
Basis of Contract General Agreement
Schedule (Moscow time)
Applications in the preliminary mode 3:00 to 3:10 p.m.
Applications in competition mode 15:10 to 15:15
Setting the cut-off interest rate or declaring the auction invalid until 3:25 p.m.
Additional terms and conditions Placement of funds with the possibility of early withdrawal of the entire amount of the deposit and payment of interest accrued on the amount of the deposit at the rate established by the deposit transaction, in case of non-compliance of the Bank with the requirements set forth in paragraph 2.1. of the Regulation “On the procedure for selecting banks for placement of funds of the Fund for Assistance to Crediting of Small Businesses of Moscow in deposits under the GDS” (in the edition effective as of the date of the deposit transaction), early withdrawal at the rate of “on demand”, payment of interest monthly, on the last working day of the month, without replenishment.

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