Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 16.07.2009

Direction of the Central Bank of Russia No. 2263-U of July 10, 2009 on the Amount of Interest Rates for Credits Secured with Assets or Guarantees

From July 13, 2009, changes the rates for the credits secured with assets or guarantees.

Direction of the Central Bank of Russia No. 2262-U of July 10, 2009 on the Amount of Interest Rates for the Lombard Credits of the Bank of Russia

The rate of refinancing from July 13, 2009 makes 11% instead of the earlier 11.5%.

Direction of the Central Bank of Russia No. 2261-U of July 10, 2009 on the Amount of Interest Rates for the Deposit Operations of the Bank of Russia

Reduces the interest rates for the deposit operations of the Bank of Russia.

Direction of the Central Bank of Russia No. 2260-U of July 10, 2009 on the Amount of Interest Rate for the Overnight Credit of the Bank of Russia

From July 13, 2009, the rate of refinancing of the Central Bank of Russia is reduced by 0.5 percentage points. The same applies to the interest rate for the overnight credit.

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