|company||Bank of Russia|
|full company name||Central Bank of Russian Federation|
|country of risk||Russia|
|country of registration||Russia|
|The Central Bank of the Russian Federation (The Bank of Russia) is a special public law institution, a mega-regulator of the financial market that develops and implements, in cooperation with the Government of the Russian Federation, a single state monetary policy and is endowed with special powers. The status, goals of activity, functions and powers of the Bank of Russia are determined by the Federal Law of July 10, 2002 No. 86-FZ “About the Central Bank of the Russian Federation (Bank of Russia)” and other federal laws.|
In order to regulate bank liquidity, the Central Bank issues bonds of the Bank of Russia (OBR). OBR are issued in accordance with Art. 27.5-1 of the Federal Law of 22.04.1996 No. 39-FZ "About the Securities Market". The placement and circulation of OBRs is carried out only among Russian credit institutions.
OBR are issued in the form of coupon bonds (COBR) for the term of 3, 6 or 12 months, with a par value of 1,000 rubles. COBR are included into the Lombard List of the Bank of Russia. Redemption is carried out at par, the coupon period is of 3 months, the coupon rate is equal to the key interest rate of the Bank of Russia which was set for each day of the coupon period. The placement of OBRs was suspended in 2011 and resumed in 2017.
Placement and additional placement of COBR issues is carried out at auctions on the Moscow Exchange. The decision to issue new COBR issues is taken according to the necessity, taking into account the forecast of the banking sector's liquidity in order to absorb the stable part of the structural liquidity surplus.
Information on the date and other parameters of the auctions is published no later than 1 day before the auction, placed on the websites of the Bank of Russia and the Moscow Exchange.
|07/15/2019||On July 16, the Central Bank will hold an auction on underwriting the issue OBR-23 for 300 billion Rubles|
|05/03/2018||ROSBANK: The CBR expectedly left the key rate unchanged, FOMC meeting did not bring surprises|
|04/16/2018||Cbank to offer 700 bln rbl coupon bonds on Tuesday - PRIME|
|03/13/2018||Cbank sells 134 bln rbl coupon bonds out of 500 bln rbl offer – PRIME|
|02/27/2018||Cbank sells 35.7 bln rbl coupon bonds out of 235.5 bln rbl offer – PRIME|
|12/12/2017||ROSBANK: Market expectations for 2018 – guarded optimism|
|10/12/2017||Russian banking system’s profits expected to near $17.29 billion in 2017 - Central Bank - TASS|
|10/10/2017||Bank of Russia says deflation in September is "atypical" - TASS|
|09/15/2017||Russian cbank to issue new OBR bonds in November|
|08/15/2017||Bank of Russia placed COBR-1 issue amounting to 150bn rubles at an auction|
|Сurrency||Outstanding bond issues||Cumulative volume|
|RUB||3||754 423 546 000|
|Bank of Russia, COBR-37||300,000 RUB||outstanding|
|Bank of Russia, COBR-36||300,000 RUB||outstanding|
|Bank of Russia, COBR-35||300,000 RUB||outstanding|
|Bank of Russia, COBR-39||300,000 RUB||expected|
|Bank of Russia, COBR-38||300,000 RUB||expected|
|Bank of Russia, COBR-34||300,000 RUB||redeemed|
|Bank of Russia, COBR-33||700,000 RUB||redeemed|
|Bank of Russia, COBR-32||700,000 RUB||redeemed|
|Bank of Russia, COBR-31||700,000 RUB||redeemed|
|Bank of Russia, COBR-30||700,000 RUB||redeemed|