During the quantitative distribution of loans by tender
With regard to the application before the end proposed for it
amount. If it lacks to meet all requests banks, funds
distributed at a fixed price in proportion among all banks submitted
Application. In terms of percentage tender banks themselves
offer interest rate (up to one decimal place) for
which they agree to get money, but it should not be lower than
accounting. In the interest rate tender requests are satisfied by
proposed to reduce the interest rate they have since
highest to continue slowly - until the end of the proposed
loans or meet all requests of banks. If two or more
Participants percentage tender offer same interest rate and
amount of credits remaining is not sufficient to meet all applications
banks with the same interest rate, the funds are distributed
proportion between the banks. Thus a bank can not obtain
more than 50% of the funds offered in the bid to maintain
liquidity.