On the Results of the Auction to Place Pension Savings Funds on Deposits in Credit Institutions
State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ held an auction to place pension savings funds on deposits in credit institutions on December 29, 2009.
Auction results:
| Date of deposit auction | December 29, 2009 |
| Period of placing funds | 90 (ninety) days |
| Amount of funds offered at the auction | 13 500 million rubles |
| Date of placing funds | December 29, 2009 |
| Date of refunding funds | March 29, 2010 |
| Minimum interest rate on funds to be placed on deposits in credit institutions, % per annum | 7,70 % |
| Amount of placed funds | 6800 million rubles |
| Amount of bids | 6800 million rubles |
| Number of bids made | 16 |
| Number of transactions | 16 |
| Weighted average rate | 8,34% |
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