OREANDA-NEWS. March 27, 2009.  The Bank of Russia and the Finance Ministry have already implemented a mechanism to pay for a stake in VTB’s charter capital by the federal bonds (OFZ), said Head of Financial Market Operations Department of the Bank of Russia Sergey Shvetsov. At present, CBR is to develop a statutory act to define the procedure for contributing securities to banks’ charter capitals and spread this practice among other lending institutions. Earlier, First Deputy CBR Chairman Alexei Ulyukaev said that the problem of negative capital at banks should be resolved via recapitalization, including potential formation of Tier 1 capital by special federal bonds (OFZ).