Source Pravda.Ru

Central Bank to hold deposit auctions

A series of deposit auctions for banks of the Moscow region and other banks will be held in November-December 2002, the PR Department of the Central Bank of Russia reported. The term of the deposits offered by the Central Bank is 2 weeks.

The first 'American-type' auction will be held today. The date of returning the deposited funds and the interest is December 5, 2002. The minimum sum to be deposited is RUR10m ($314,268). Every bank can submit only one application specifying the same interest rates. The minimum starting interest rate for the Central Bank deposits has not been set.

© &to=http://www.rbc.com' target=_blank>RBC

Comments
Putin sets Merkel against Trump. She doesn't mind
Putin sets Merkel against Trump. She doesn't mind
Ukraine dreams of what it can do to Crimea after winning war with Russia
US-Russian confrontation: War is peace, freedom is slavery
Default more likely to hit American, rather than Russian economy
Russia refuses to build helicopter carriers, but considers aircraft carriers
Pilot shares his impressions after flying Su-57 fifth-generation fighter
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Boris Yeltsin tried to escape to US Embassy as USSR was falling apart
Terrorists attack police officers in Chechnya in a series of poorly prepared acts
Russia Must Die - The Deep State has Spoken
Oil prices may fall as USA saves record oil reserves
Putin sets Merkel against Trump. She doesn't mind
US-Russian confrontation: War is peace, freedom is slavery
Boris Yeltsin tried to escape to US Embassy as USSR was falling apart
Israel makes final warning to Iran
The ayatollahs now fear the collapse of the Iranian economy
North Korean government warns people of severe famine
Israel makes final warning to Iran
Putin sets Merkel against Trump. She doesn't mind
Ukraine dreams of what it can do to Crimea after winning war with Russia