Securities held Lombard loan auction

Securities held Lombard loan auction

Newsroom September 16, 2008 the Central Bank of Russia held a Lombard loan auction (on the American way) with a term loan 2 weeks (14 calendar days, the date of the loan Lombard Bank of Russia on the outcome of the auction - September 17, 2008, the date of Lombard loan repayment and interest payments on it - on October 1, 2008). It is reported department of external and public relations of the Bank of Russia.

Central Bank of Russia set the rate cut in the amount of 8% per annum, average interest rate - 8.03% per annum.

Fixed interest rate on loans Lombard Bank of Russia for a period of seven days for the period from 17 to Sept. 23, 2008 inclusive fixed at 8.03% per annum.