The Federal Treasury of the Russian Federation will spend this week auction on placement of temporarily free budget funds on Bank deposits, follows from materials of Department.
May 17, banks can borrow up to 50 billion rubles. Funds will be provided on 14 days of the date refund is June 1, 2016. The minimum interest rate of 10.7% per annum.
The minimum size of placed means for one application amounts to 16 billion rubles. the Maximum number of applications from one lending institution to the auction — 5 PCs.
From 1 June 2012 options for placement of Federal budget funds in Bank deposits were transferred from the Ministry of Finance to the Treasury of the Russian Federation. The purpose of placement of budgetary funds in banks — the liquidity of the Russian financial market against the background of crisis phenomena in the economy of the country.
