OREANDA-NEWS. June 07, 2010. OJSC Rostelecom (RTS, MICEX: RTKM, RTKMP; OTCQX: ROSYY)  has summarized the results of the public auction aimed at choosing credit institutions for making contracts on opening non-revolving credit lines in 6 lots:

Lоt 1 and Lоt 2 related to contracts on opening non-revolving credit lines with the limit of 5,000,000,000 (five billion) rubles each. The term is 36 (thirty six) months from the date of making a contract on opening a credit line. The starting (maximum) annual interest rate is 8.8 (eight and eight tenths) percent.

Lоt  3  and  Lоt  4  related  to  contracts  on  opening non-revolving credit lines with the limit of 5,000,000,000  (five billion) rubles each for the term of 30 (thirty) months from the date of  making a contract on opening a credit line. The starting (maximum) annual interest rate is 8.7 (eight and seven tenths) percent.

Lоt 5 and Lоt 6 related to contracts on opening non-revolving credit lines with the limit of 5,000,000,000 (five billion) rubles each. The term is 24 (twenty four) months from the date of making a contract on opening a credit line. The starting (maximum) annual interest rate is 8.6 (eight and six tenths) percent.

Altogether six banks took part in the auction. There were three to four participants in each lot.

ОJSC Sberbank of Russia was the winner of each lot.

Lot # 1: The annual interest rate is 7.92 percent.

Lot # 2: The annual interest rate is 8.20 percent.

Lot # 3: The annual interest rate is 8.13 percent.

Lot # 4: The annual interest rate is 8.10 percent.

Lot # 5: The annual interest rate is 8.01 percent.

Lot # 6: The annual interest rate is 7.28 percent.