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introduction of liquidity connected with financing of federal deficit funding through the Reserve Fund resources. Besides, OFZ sales can promote the upsurge of liquidity and

cover in future periods, as reflected in the insurer’s unearned premiums’ reserves, and increased by adding cover for the current period that was prepaid

data posted on the Bank of Russia website, the volume of pension reserves and savings in non-governmental pension funds (NPFs) amounted to 3.1 trillion

cash in circulation, budget expense financing and the upward revision of required reserve ratios, structural liquidity deficit in the banking sector is expected to persist

10.2009 2.50 Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio on legal entities

needs due to the decisions taken in June 2016 on the required reserves ratios lift. Nevertheless till the end of 2016 there may arise a

improved economic situation in China and decreased uncertainty about the US Federal Reserve’s monetary policy in 2016. In these conditions, the price of Urals

cash deficiency in JSC JSCB Konstans-Bank cash department. Creation of loan loss reserves to cover de facto missing assets of the credit institution resulted in

absorb the liquidity connected with financing of federal deficit funding through the Reserve Fund. Besides, OFZ sales can promote the upsurge of liquidity and depth

and pension reserves transferred into trust management of a certain management company, assess the efficiency of management of pension savings and pension reserves and take