MOSCOW, October 19. The auction of the Federal Treasury of the Russian Federation on placement of $500 million in deposits of the banks did not take place for lack of applications. The relevant information contains in materials of the Treasury.
The Treasury had planned to offer credit institutions in the course of the auction $500 million for placing Bank deposits for a period of 29 days. Date of Deposit – October 20, the date the refund is November 18. The minimum interest rate is 2% per annum.