Date: 4 months ago   Category: Finance

The treasury has told about the purposes of attraction of the short-term bank credits — Rambler News Service


Attraction of the short-term bank credits is necessary for management of short-term liquidity. About it journalists were told by the head of Federal Treasury Roman Artyukhin. "When we place, for example, for a week, on two, on three, but suddenly urgent some payment, hypothetically urgent, then it will be possible to create such instrument of attraction of these short-term credits of banks. It is only such instrument of management of short-term liquidity. There should be no fears for any non-payments or yet something at all, it is excluded" — he has told. Artyukhin has emphasized that "no cash gaps existed and won't be". Earlier the government has introduced to the State Duma the bill in which it is offered to allow the Ministry of Finance to attract the short-term bank loans in case of cash gaps at execution of the federal budget.

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