From the plan cut off an award

In the second quarter, as well as in the first, MINISTRY OF FINANCE did not implement the plan of attraction of financial resources in the market of state papers. He prefers to avoid expensive loans whenever possible. So, on the last this half-year auction through federal loan bond with the variable coupon MINISTRY OF FINANCE attracted less than 60 billion rubles at demand almost pyatikratno exceeding this figure. Feature of the last auctions became activization JOINT-STOCK COMPANY ST.PETERSBURG INTERBANK STOCK EXCHANGE, whose share in the federal loan bond primary market came nearer to 10%. On the last auction half-year MINISTRY OF FINANCE met requirements of the main investors — to banks — and offered only bonds with the variable...