Cheboksary plan to attract on October 8 credit lines with a limit of 500 million rubles

Cheboksary. September 23. INTERFAX-VOLGA REGION - Administration of Cheboksary (Chuvash Republic) appointed Cheboksary for October 8 auctions for attraction of revolving lines of credit with the general limit of 500 million rubles, follows from documentation, analyses placed in system purchases "Interfax Marker" (earlier - SPARK Marketing). The republic plans to attract two lines with a limit 250 million rubles for the term of no more than 730 days. Initial (maximum) price of the contract corresponds to a rate of 7,75% per annum. Borrowed funds are raised for financings deficiency budgets Cheboksary and repayments of debts of the city...