8 and 9 February the Bank of Russia will hold auctions on the MICEX for credit institutions to extend credit without collateral, with the following parameters:

term provision of funds: 6 months 5 weeks
date of the auction: February 8, 2010 February 9 2010
maximum amount of funds provided by credit institutions: 5,000,000,000 (five billion) 5,000,000,0010000 (five billion)
date of disbursement: 10 February 2010 10 February 2010
date of the refund: August 11, 2010 March 17, 2010
minimum interest rate of credit facilities : 11,75 (11 entire 75 hundredths) per cent per annum 11,25 (11 twenty-five hundredths) per cent per annum
The maximum number of competitive bids from a lending institution for each of the auction: 3 pieces, the minimum amount of a single application: 1 million rubles.

limit credit auctions 8 and 9 February 2010:

Auction Date February 8, 2010 February 9, 2010
Call for applications: from 12.00 to 12.45 from 12.00 to 12.45
Determination of rate cut or the recognition of the selection process failed: from 12.45 to 13.15 from 12.45 to 13.15


Index of the Frankfurt Stock Exchange Xetra DAX fell 1.27% index of the London Stock Exchange FTSE 100 fell by 1.71%
Reduction of today are headed by the action “metallurgists”: “Mechel” (-4,5%), Severstal (-4,1%), oil and gas securities lose about 3%
Trading volume on the MICEX derivatives market at 16:00 Moscow was 2,710,820,000 rubles
The new field in the Irkutsk region and the license to develop it give shares in Rosneft new growth potential
The budgetary problems of European countries have strengthened political blockade is not the first day of corrective dynamics at the metal market
The meltdown in global stock markets intensified amid rising investor concern with the problems of sovereign debt of European countries
Ready for battle
Non-residents were left in debt
Asian indexes fell on Friday, the fastest pace in 10 weeks