Allocation of National Wealth Fund assets to deposits in Vnesheconombank
|
Allocation of National Wealth Fund assets to deposits in Vnesheconombank
as of 1 February 2012 |
|
Eligible investments of National Wealth Fund assets allocated to deposits |
Maximum overall amount of allocation |
Actual amount
of allocation |
Maximum period of deposit |
Annual interest rate |
Interest payment frequency |
|
Subordinated loans to Russian banks |
410.001 bln. rubles |
404.02 bln. rubles |
|
|
Quarterly |
|
including |
|
285.61 bln. rubles |
31 December 2019 |
6.25 |
|
118.41 bln. rubles |
31 December 2020 |
7.25 |
|
Loans to small and middle enterprises |
30.002 bln. rubles |
30.00 bln. rubles |
31 December 2017 |
6.25 |
Quarterly |
|
Loans to Open joint-stock company “The Agency for Housing Mortgage Lending” |
40.003 bln. rubles |
40.00 bln. rubles |
1 June 2020 |
6.25 |
Quarterly |
|
Not regulated |
Õ |
2.75 bln. US dollars |
29 April 2013 |
LIBOR4 + 2.75 |
Semiannually |
|
Not regulated |
Õ |
3.504 bln. US dollars |
13 December 2012 |
LIBOR4 + 3.00 |
At maturity |
|
Total |
655.005 bln. rubles |
474.02 bln. rubles |
Õ |
Õ |
Õ |
|
Õ |
6.25 bln. US dollars |
Õ |
Õ |
Õ |
1 Federal law No.173-FZ dated 13 October 2008 “Additional measures to support financial system of the Russian Federation”, article 4.
2 Requirements to the financial assets, National Wealth Fund assets could be invested in, approved by the Regulation of the Government of Russian Federation No.18 dated 19 January 2008, clause 12, subclause ”b”.
3 Federal law No.173-FZ dated 13 October 2008 “Additional measures to support financial system of the Russian Federation”, article 6.2.
4 Six month US dollar LIBOR rate
5 Includes 175.00 bln. rubles which can be allocated to deposits under the terms stipulated by the Ministry of Finance (Requirements to the financial assets, National Wealth Fund assets could be invested in, approved by the Regulation of the Government of Russian Federation No.18 dated 19 January 2008, clause 12, subclause ”b”).
