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The document ceased to be valid since February 1, 2016 according to item 4 of the Instruction of the Central bank of the Russian Federation of December 28, 2015 No. 3924-U

INSTRUCTION OF THE CENTRAL BANK OF RUSSIA

of October 14, 2008 No. 2092-U

About establishment of standard rates of required reserves (reserve requirements) of the Bank of Russia

(as amended on on January 19, 2009)

According to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of October 14, 2008 N 22) for the credit institutions performing deposition of required reserves according to the Provision of the Bank of Russia of March 29, 2004 N 255-P "About required reserves of credit institutions", the registered Ministry of Justice of the Russian Federation on April 23, 2004 N 5769; On October 22, 2004 N 6081; On April 28, 2005 N 6561; On October 19, 2005 N 7106; On October 11, 2006 N 8368; On June 5, 2007 N 9587; On December 20, 2007 N 10787 ("the Bulletin of the Bank of Russia" of April 30, 2004 N 25, of October 27, 2004 N 62, of May 5, 2005 N 22, of October 26, 2005 N 56, of October 18, 2006 N 56, of June 9, 2007 N 34, of December 26, 2007 N 71), the Bank of Russia establishes the following.

1. Standard rates of required reserves, since October 15, 2008, are established in the following size:

according to obligations to nonresident banks in currency of the Russian Federation and foreign currency - % 0,5;

according to obligations to physical persons in currency of the Russian Federation - % 0,5;

according to other obligations of credit institutions in currency of the Russian Federation and to obligations in foreign currency - % 0,5.

1.1. Ceased to be valid.

1.2. To territorial offices of the Bank of Russia to carry out extraordinary regulation of the size of required reserves within October 15-17, 2008 on the credit institutions which addressed them.

At the same time during the period established by paragraph one of this subitem for the purpose of carrying out extraordinary regulation credit institutions have the right to provide the calculations of the size of required reserves constituted as of October 15, 2008 proceeding from the average chronological size of remaining balance of obligations for the accounting period from September 15, 2008 to October 15, 2008, and standard rates of the required reserves established by paragraphs the second or fourth this Item.

In case of the appeal of large credit institution with wide network of divisions to perform carrying out extraordinary regulation of required reserves proceeding from the average chronological size of remaining balance of obligations for the accounting period from August 15, 2008 to September 15, 2008 and standard rates of the required reserves established by paragraphs the second or fourth this Item.

1.3. When carrying out extraordinary regulation of required reserves the period of averaging of required reserves does not change and is effective from October 1 to November 1, 2008.

2. Ceased to be valid.

3. Ceased to be valid.

4. Territorial offices of the Bank of Russia should bring this Instruction to the attention of credit institutions without delay.

5. This Instruction becomes effective from the date of its signing and is subject to official publication in "the Bulletin of the Bank of Russia".

6. From the date of entry into force of this Instruction to recognize invalid Items 1.1-1.8 of the Instruction of the Bank of Russia of September 17, 2008 N 2066-U "About establishment of standard rates of required reserves (reserve requirements) of the Bank of Russia".

Chairman of the Central bank of the Russian Federation

S. M. Ignatyev

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