14.12.2012 16:28
Terms of executing repo trades with the Bank of Russia for December 17, 2012
Please be advised that in accordance with the MICEX Stock Exchange Rules of securities trading and the directions issued by the Exchange the trading participants of the CJSC "MICEX Stock Exchange" ought to execute repo trades with the Bank of Russia within the trading mode "Repo with the Bank of Russia: Repo auction" on December 17, 2012 in compliance with the following terms:
- repo trades may be executed for 1day and 91 days starting from the day of the first leg settlement;
- the admitted settlement codes are S0, Z0, and Rb for the one-day repo auction and S02 for the 91-day repo auction.
Please be advised that the following schedule for executing direct repo operations was determined for December 17, 2012:
| Repo type | Provisional schedule | Settlement code | Execution | Settlement of the 1st leg | Settlement of the 2nd leg | |
|---|---|---|---|---|---|---|
|
One-day repo auction* |
Collection of bids | 10:45-11:15 | S0, Z0, Rb | 17.12.2012 | 17.12.2012 | 18.12.2012 |
| Announcement of cut-off price | 11:30-12:40 | |||||
|
91-day repo auction |
Collection of bids | 12:45-13:15 | S02 | 17.12.2012 | 19.12.2012 | 20.03.2013 |
| Announcement of cut-off price | 13:30-14:30 | |||||
| Repo session with fixed rate | 14:00-14:30 | S0, Z0, Rb | 17.12.2012 | 17.12.2012 | 18.12.2012 | |
|
One-day repo auction* |
Collection of bids | 14:45-15:15 | S0, Z0, Rb | 17.12.2012 | 17.12.2012 | 18.12.2012 |
| Announcement of cut-off price | 15:30-17:00 | |||||
| Repo session with fixed rate | 16:00-17:30 | S0, Z0, Rb | 17.12.2012 | 17.12.2012 | 18.12.2012 | |
* - Direct repo and direct OTC repo auction with the Bank of Russia.
For further information, please contact the Public Relations Department at (495) 363-3232.