On minimal price of Bank of Russia bonds

The Bank of Russia has decided to change its approach to the establishment of the minimum acceptable bid price at the auctions for placement of Bank of Russia coupon bonds (OBRs). The minimum acceptable bid price will be set for each auction at a level below 100% of the par value which implies the term premium to the Bank of Russia key rate. The information on the minimum acceptable bid price at the auctions for placement of OBRs will be disclosed together with the other parameters of the OBR auctions.

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15.05.2018 00.00.00