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News of the Federal Legislation

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News of the Federal Legislation


There are established the norms of obligatory reserves (reserve requirements) of the Bank of Russia
2008-02-07 06:00

NEWS OF THE FEDERAL LEGISLATION

There are established the norms of obligatory reserves (reserve requirements) of the Bank of Russia

The Directions of the Bank of Russia N 1970-U of February 1, 2008 (document is in Russian) establishes the norms of obligatory reserves from March 1, 2008.

There are established the size of interests rates on credits of the Bank of Russia
2008-02-07 06:00

NEWS OF THE FEDERAL LEGISLATION

There are established the size of interests rates on credits of the Bank of Russia

The Directions of the Bank of Russia N 1971-U of February 1, 2008 (document is in Russian) establishes:

- the interests rate on credits of the Bank of Russia submitted in accordance with the Provisions of the Bank of Russia N 122-P "On order for submission of credits by the Bank of Russia to banks secured with pledge and guarantees" of October 3, 2000 (document is in Russian) in the size equal to 9,25 % per annum;

- the interest rate on pawn-shop credits of the Bank of Russia submitted for 1 calendar day pursuant to the Provisions of the Bank of Russia N 236-P "On the Procedure for Granting Credits Secured by Mortgage (Block) by the Bank of Russia to Credit Institutions" of August 4, 2003 (document is in Russian) in the size of 8,25 % per annum.

There are established the interest rates on deposit operations of the Bank of Russia
2008-02-07 06:00

NEWS OF THE FEDERAL LEGISLATION

There are established the interest rates on deposit operations of the Bank of Russia

From February 4, 2008, the Directions of the Bank of Russia N 1973-U of February 1, 2008 (document is in Russian) establishes fixed interest rates on deposit operations of the Bank of Russia in the following size:

- on deposit operations on standard terms " tom-nest", "spot-next", "poste restante" - as 3% per annum;

- on deposit operations on standard terms "one week", "spot-week" - as 3,5 % per annum.

There is established the size of interest rate on overnight credits of the Bank of Russia
2008-02-07 06:00

NEWS OF THE FEDERAL LEGISLATION

There is established the size of interest rate on overnight credits of the Bank of Russia

From February 4, 2008, the Directions of the Bank of Russia N 1974-U of February 1, 2008 (document is in Russian) establishes the interest rate on overnight credits of the Bank of Russia in the size of 10,25 % per annum.


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