Russian cbank zero-rates Mechel bonds as collateral
MOSCOW Nov 14 (Reuters) - Russia's central bank said on Thursday that bonds issued by mining group Mechel would be zero-rated as collateral, effectively ruling out their use in refinancing operations.
In a one-line statement, the central bank said that a coefficient applying to Mechel's bonds as collateral would be zero with immediate effect. Mechel had no immediate comment.
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