Treasury to offer banks 240 bln rbl, $1.5 bln deposits Nov 5–8

MOSCOW, Nov 1 (PRIME) -- Russia’s Federal Treasury will offer 240 billion rubles and U.S. $1.5 billion on deposits with banks at auctions from November 5 through November 8, the authority said in a statement on Friday.

The treasury will offer 200 billion rubles for 35 days on November 5 and 20 billion rubles for 182 days on November 6. The interest rate at these auctions will be floating.

On November 7, the authority will offer $1.5 billion for 12 days. The minimum interest rate will amount to 0.95% annually.

On November 8, the treasury will offer 20 billion rubles for 91 days. The minimum interest rate will be floating.

(63.7748 rubles – U.S. $1)

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