OREANDA-NEWS. Bank of Russia Bulletin No. 40 (1636) of 7 May 2015 has been released.

The issue published the decisions of the Bank of Russia Board of Directors, dated 30 April 2015, on reducing the key rate to 12.50% p.a., on the interest rates on specialised refinancing instruments, and on including securities in the Bank of Russia Lombard List. The issue provides information on adjustment ratios used to adjust the value of bonds eligible as collateral for Bank of Russia loans.

The Bulletin presents weekly general data on financial market sectors, as well as information notices by the Bank of Russia.

The section Non-Bank Financial Institutions publishes the following Bank of Russia Orders:

No. OD-955, dated 29 April 2015, on revoking the insurance licence from the closed joint-stock company Medical Insurance Company ASK-Med;

No. OD-956, dated 29 April 2015, on suspending the insurance licence of Insurance Company MAXIMUM, limited liability company;

No. OD-957, dated 29 April 2015, on revoking the insurance licence from the closed joint-stock company Insurance Company ASK-Petersburg;

No. OD-958, dated 29 April 2015, on revoking the insurance and reinsurance licences from INSURANCE COMPANY ORANTA, limited liability company.

Bank of Russia Bulletin No. 40 publishes the following official documents:

Bank of Russia Ordinance No. 3608-U, dated 26 March 2015, ‘On the Terms and the Procedure for Compiling and Submitting to the Bank of Russia Statements of a Housing Saving Cooperative’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3630-U, dated 30 April 2015, ‘On the Interest Rate on Bank of Russia Lombard Loans’ (becomes effective the day it is signed);

Bank of Russia Ordinance No. 3631-U, dated 30 April 2015, ‘On the Interest Rate on Bank of Russia Deposit Operations’ (becomes effective the day it is signed);

Bank of Russia Ordinance No. 3632-U, dated 30 April 2015, ‘On the Interest Rate on Loans Secured by Gold’ (becomes effective the day it is signed);

Bank of Russia Ordinance No. 3633-U, dated 30 April 2015 ‘On the Interest Rate on Loans Secured by Assets and Guarantees’ (becomes effective the day it is signed);

Bank of Russia Ordinance No. 3634-U, dated 30 April 2015, ‘On the Interest Rate on Bank of Russia Overnight Loan’ (becomes effective the day it is signed);

Bank of Russia Letter No. 01-13-3/3952, dated 30 April 2015 ‘On the List of Organisations’ (becomes effective the day it is published).