Sberbank Rates Have Been Reduced for REPO Transactions
OREANDA-NEWS. Sberbank announces that rates have been reduced for REPO transactions performed as part of brokerage services for clients.
Interest rates for Special REPO transactions (margin trading), effective 10.08.2015:
* Transfer of unsecured cash position ("longs") - 17% per annum (previously 18%)
* Transfer of unsecured securities positions ("shorts") - 15% per annum (unchanged)
Interest rates for OTC-REPO transactions (lending with securities as collateral), effective 10.08.2015:
* With terms from 7 to 35 days - 17% per annum (previously 19%)
* With terms from 36 to 105 days - 19% per annum (previously 21%)
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