ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of September 4, 2013 No. 777

About procedure of transactions on management of remaining balance of means on the single account of the federal budget regarding purchase (sale) of securities according to repurchase agreements and opening of accounts for implementation of such transactions

According to the Budget code of the Russian Federation the Government of the Russian Federation decides:

1. Approve the enclosed Rules of implementation of transactions on management of remaining balance of means on the single account of the federal budget regarding purchase (sale) of securities according to repurchase agreements and opening of accounts for implementation of such transactions.

2. Determine that:

a) purchase (sale) of securities is performed by the Federal Treasury according to repurchase agreements within remaining balance of means on the single account of the federal budget;

b) purchase (sale) of securities is performed by the Federal Treasury according to repurchase agreements with the credit institutions conforming to the requirements established by the Rules approved by this resolution;

c) purchase (sale) of securities according to repurchase agreements is performed concerning bonds of federal loans;

d) The Federal Treasury for ensuring purchase (sale) of securities according to repurchase agreements according to the procedure, stipulated by the legislation the Russian Federation, has the right to attract the exchange, non-bank credit institution, the clearing organization, the central depositary and other legal entities who are professional participants of the security market and without remuneration the Central bank of the Russian Federation.

3. To the Federal Treasury in 5-month time to approve procedure of transactions on management of remaining balance of means on the single account of the federal budget regarding purchase (sale) of securities according to repurchase agreements.

4. Recommend to the Central bank of the Russian Federation:

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