OREANDA-NEWS  Rostelecom will place an issue of digital financial assets (CFA) worth 1 billion rubles on the Sberbank site, the bank's press service reported.

The CFA's circulation period is 3 months, the rate is 16.6% per annum, interest payments will be made monthly. The price of one CFA upon release is 1000 rubles.

The issue can be purchased by both legal entities and individuals - qualified and unqualified investors (for the latter, a limit on the amount is set - no more than 600 thousand rubles per year).

The collection of purchase applications will take place from May 20 to 22, 2024 inclusive.

CFA - digital rights, including monetary claims, the possibility of exercising rights on equity securities, the right to demand the transfer of equity securities, as well as the right to participate in the capital of non-public joint-stock companies. The release, accounting and circulation of such tools are carried out in an information system based on a distributed registry.

The Central Bank included Sberbank's site in the register of information system operators for the release of CFA in March 2022. In addition to it, the registry currently contains 10 more platforms: Alfa-Bank, Promsvyazbank, Eurofinance Mosnarbank, Tinkoff Bank, NSD, Atomyze, Masterchain companies, fintech companies Lighthouse, SPB Exchanges and Blockchain Hub (a subsidiary of MTS).