INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 25, 2011 No. 2734-U

About modification of Item 1.1 of the Provision of the Bank of Russia of August 4, 2003 No. 236-P "About procedure for provision by the Bank of Russia to credit institutions of the credits provided with pledge (blocking) of securities"

1. Paragraphs of the twenty second - the twenty fourth Item 1.1 of the Provision of the Bank of Russia of August 4, 2003 N 236-P "About procedure for the provision by the Bank of Russia to credit institutions of the credits provided with pledge (blocking) of securities" registered by the Ministry of Justice of the Russian Federation on August 29, 2003 N 5033, on September 15, 2004 N 6026, on October 18, 2005 N 7081, on June 25, 2008 N 11873 ("Bulletin of the Bank of Russia" from November 19, 2003 N 62, from November 3, 2004 N 63, from October 26, 2005 N 56, from July 2, 2008 N 35), to state in the following edition:

"Depositaries are:

- the legal entity performing centralized storage of the federal government securities nominated in rubles;

- for the purposes of provision to the legal entity specified in the paragraph twenty third this Item, being credit institution, the credits of the Bank of Russia according to this Provision - the legal entity who signed the depositary agreement based on which to the last the custody account of the owner is opened with the above-stated legal entity, and signed with the Bank of Russia the agreement on interaction when implementing transactions according to this Provision.".

2. This Instruction is subject to official publication in "the Bulletin of the Bank of Russia" and according to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of November 25, 2011 N 21) become effective since January 1, 2012.

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