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INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of June 16, 2017 No. 4411-U

About the size of loan interest rates, secure gold

1. 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 June 16, 2017 No. 13) since June 19, 2017 loan interest rates, the secure gold provided according to the Provision of the Bank of Russia of November 30, 2010 to No. 362-P "About procedure for provision by the Bank of Russia to credit institutions of the credits provided with gold", the registered Ministry of Justice of the Russian Federation on December 31, 2010 to No. 19508, on October 28, 2013 No. 30258, on January 16, 2014 No. 31027, on December 22, 2014 No. 35329, on September 23, 2015 No. 38987 ("the Bulletin of the Bank of Russia" of April 27, 2011 No. 22, of November 7, 2013 No. 60, of January 29, 2014 No. 10, of January 21, 2015 No. 1, of October 21, 2015 No. 91), are established in the following size:

for the term of 1 calendar day - annual interest rate 10,00;

for a period of 2 up to 549 calendar days - the key interest rate of the Bank of Russia increased by 1,5 of percent point - annual interest rate 10,50.

2. In case of change of the size of key interest rate of the Bank of Russia from the date of its change the interest rate for the credits provided for a period of 2 up to 549 calendar days, the interest rate by which is determined by Item of 1 this Instruction, is adjusted at size of change of the size of key interest rate of the Bank of Russia.

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

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

Chairman of the Central bank of the Russian Federation

E. S. Nabiullina

 

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