ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of November 12, 2015 No. 1225

About modification of Item 6 of the investment declaration of investment portfolio of government securities of the state-owned managing company

The government of the Russian Federation decides:

The paragraph third Item 6 of the investment declaration of investment portfolio of government securities of the state-owned managing company approved by the order of the Government of the Russian Federation of October 24, 2009 No. 842 "About enhancement of procedure for investment of means for financing of funded pension in the Russian Federation" (The Russian Federation Code, 2009, No. 44, Art. 5239; 2015, No. 33, of the Art. 4824) to add with the offer of the following content: "Requirements of this paragraph do not extend to the bonds specified in the subitem "v" of Item 3 of this investment declaration if the rate of coupon yield is determined by them as the surplus of consumer price index for the last 12 months increased, at least, by 1 annual interest rate (for variable rate of the coupon) or as profitability of bond issue of federal loan with for up to repayment, the next to term before repayment (the obligatory offer) of the corresponding bond issue, for date of its acquisition, increased, at least, by 1 annual interest rate (for fixed rate of the coupon).".

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