The Russian Central Bank is to hold a deposit auction among credit institutions of the Moscow region, which made a general agreement with the Central Bank. The term of attracting resources to the deposits is two weeks. The auction will be held according to the "American" mechanism. The date of the deposit and interest repayment is March 6, 2003. The minimal sum of a deposit is RUR10m (about $316,646). According to a decision of the Central Bank's Board of Directors, the cutoff interest rate should not exceed 8 percent annually.
After WWII, the Soviet army left Austria, and the latter had always remained a neutral state and never joined NATO
Russia experienced default on August 17, 1998. Today, 20 years after those events, the economic situation in Russia does not seem stable to many