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CBR To Hold Unsecured Loan Auction For Credit Organizations
Friday, 24 October, 2008
The Central Bank of Russia will hold an auction on extending unsecured loans to credit organizations at the Moscow Interbank Currency Exchange (MICEX) on Thursday, the Prime-Tass business news agency said with reference to the CBR public relations department.
The maximum sum of an unsecured loan is 400 billion roubles. A minimal annual interest rate is 8.5 percent.
Source: http://www.itar-tass.com/
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