Rus News Journal

New order of the reference of state credit obligations

From Position about service and the reference of releases state short-term beskuponnyh bonds
4. 1. Monetary calculations of dealers under transactions with bonds are carried out in a non-cash order only through financial settlements centres ORTSB.
Monetary calculations between financial settlements centres ORTSB are carried out through settlement divisions of Bank of Russia.
4. 5. For fulfilment of operations with bonds to each dealer in each financial settlements centre ORTSB in which at it the open account, opens the separate account for maintenance of calculations on operations on ORTSB.
4. 7. On the basis of the settlement documents which have arrived from trading system following the results of day, each financial settlements centre ORTSB makes settlement of obligations of dealers under their trading accounts. Following the results of the auctions financial settlements centre ORTSB translates balance of money resources on trading accounts into accounts of dealers in financial settlements centre ORTSB.
Calculation on money resources under transactions with bonds is definitive from the moment of transfer of the rests from trading accounts into accounts of dealers in financial settlements centre ORTSB.
4. 8. Following the results of the auctions the trading system on the basis net - obligations of all dealers served in specified financial settlements centre ORTSB, counts a cumulative position of each financial settlements centre ORTSB:
) in case the cumulative position of financial settlements centre ORTSB is debit (in relation to positions of other financial settlements centres ORTSB), given financial settlements centre ORTSB makes the payment requirement - the commission on transfer of the specified sum into the account from the balance account #190 opened in the same settlement division of Bank of Russia;
) in case the cumulative position of financial settlements centre ORTSB is kreditovoj (in relation to positions of other financial settlements centres ORTSB), the given financial settlements centre makes the payment order on transfer of the sum of debts from the account into the balance account #190 opened in the same settlement division of Bank of Russia.
4. 9. The bank of Russia is obliged to translate the sums specified in item 4. 8. () and item 4. 8. (), in the same operational day when the specified payment documents have arrived in corresponding settlement division of Bank of Russia.