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The Trans-Baikal Territory intends to attract a bank loan of 647 million rubles. - EastRussia | Far East

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The Trans-Baikal Territory intends to attract a bank loan of 647 million rubles.

The Ministry of Finance of the Trans-Baikal Territory has announced an auction for the right to lend to the region in the form of a non-revolving credit line with a limit of 647 million rubles, according to the materials of the public procurement website.

The initial contract price is set in 174,5 million rubles. The region intends to settle for three years. Applications are accepted until December 7, trades are scheduled for December 11.

As reported, in early November, the region announced eight auctions for loans totaling 6,1 billion rubles, the results of which will be summed up by December 4. Earlier this year, the authorities of Transbaikalia occupied more than 9 billion rubles. in Sberbank and 2 billion rubles. in Alpha Bank.

The funds are attracted to cover the budget deficit and partial refinancing - the repayment of the state debt of the region. The budget deficit of Transbaikalia is approved for 2017 year in the amount of 300 million rubles. - with incomes of 44,1 billion rubles. and the cost of 44,4 billion rubles. The state debt of the Trans-Baikal Territory for 1 October was 27,7 billion rubles.