Valuable taxes and fees paid through the bank of an exchange customer

Valuable taxes and fees paid through the bank of an exchange customer Brokerage service For private investors, each bond has a face value of 1010 rubles.
Guarantees that its owner has the right to receive securities of the face value of the bond (investment security) plus a certain amount of income at the end of the circulation period. Almost all bonds currently in the Russian market, including bonds, are coupon bonds. These securities give their owners the right to regularly charge a certain percentage of the face value (normal par rate of return). The price of a bond can change, but it is always 101% of the face value on the maturity date.

It does not depend on the current market price of the bond, but is fixed as a percentage of the face value in the issuance documents of each issuance, and does not depend on the current market price of the bond. For example, if the coupon rate is 9%, the face value of the bond is 1010 rubles, and each coupon period is 183 days, so in this year, regardless of the price of the bond, the owner will receive two coupons, the price It is (9% * 1010 rubles * 183/366) = 45, 89 rubles. -Total rubles 90.77

In recent years, the bond coupon rate of issuers in the banking sector has usually determined the yield of bonds held during the entire issuance period, and has now exceeded the deposit rate of the same bank.
Bonds can be purchased in the initial issuance and in the secondary market (for example, in the Moscow Exchange trading). In an IPO, bonds can usually be purchased at face value. When buying on the secondary market, the bond Clarks Green sichuan dureri purchase price will depend on the current market conditions and may be higher or lower than the face value. It is possible to sell all or part of the bonds at any time without losing the coupon yield received. This helps to distinguish bonds from deposits. If you withdraw in advance, you will often lose interest income. But we must remember that the sales price can be different from the purchase price, up and down, thereby increasing or decreasing the return on investment. The issuer cannot repay its own obligations, including bonds. When the issuer’s bonds are purchased with maximum reliability, the probability of default is close to zero.
The risk of bond value decline during maturity/holding period: the sale price of the bond is lower than the purchase price, and the expected return on investment drops. There is no risk of holding bonds at maturity (not applicable to perpetual bonds). Buying issuer bonds with high reliability and large issuance can minimize risks. According to Federal Law No. 178-, there is no insurance for investments including bank subordinated bonds. The risk statement is an indispensable part of the .16- regulations for the provision of brokerage services. It provides a series of risk types. Although it is not exhaustive, it allows the client to roughly understand the main risks he may face when investing in financial instruments. What are the additional risks of investing in perpetual subordinated bonds?

Subordinated bonds stipulate that under certain circumstances specified in the offering prospectus and related to the issuer’s financial stability, the issuer has the right not to pay coupons, not to redeem these bonds, and the issue specified in the issuance documents. The amount of accrued interest. This feature of perpetual subordinated bonds is usually compensated by setting bonds that are higher than the interest rate of bank deposits and the coupon rate of fixed-term bonds. The purchaser of bonds needs to monitor the issuer's financial status. The issuer’s subordinated bonds have a lower priority in repaying debt than all other debts of the issuer. Perpetual bonds have no fixed maturity date. Generally, when issuing perpetual bonds, the issuer (the organization issuing the bonds) has the right (but not the obligation) to redeem the bonds after a certain period of time (this right is called a call option). Therefore, in order to receive funds, investors need to sell the purchased bonds at a market price, which can be higher or lower than the price at which investors purchase bonds during the first or second issuance. At the same time, unlike classic bonds, no issuer determines the date set by the issuance documents for redemption of bonds at the issue price/face value. The most common strategy for investing in perpetual subordinated bonds is to buy bonds and then sell them after a period of time to reach the target yield. Such securities can be purchased to obtain higher regular payments (coupons) during the holding period than deposit interest payments or bond coupon payments. The optimal period for placing funds in perpetual subordinated bonds depends on investor preferences, usually at least 2-3 years. Compared with bonds with a maturity date of less than 5 years, the market value of perpetual subordinated bonds with long-term call option exercise dates (5-11 years) fluctuates more. By purchasing such bonds during periods when market interest rates and the main interest rate of the Central Bank of the Russian Federation fall, investors can count on yields that greatly exceed the coupon rate due to further price increases. On the other hand, if interest rates rise, the price of paper may fall by tens of percent. In order to avoid a substantial drop in investment costs, it is recommended that you determine the price level in advance to prevent investors from selling securities and determine acceptable losses for investors to avoid further depreciation of the investment. This price level is often mentioned.

They are one of the most reliable securities, and among the risks mentioned above, they should first consider the risk of falling in value when sold before the expiry/holding period. As mentioned above, this situation may occur, for example, when the key interest rate of the Central Bank of the Russian Federation rises. Since the face value of the bond is paid on the maturity date, the risk of falling prices is eliminated by purchasing the bond for the first time and holding it until the maturity date. If the bond needs to be sold long before the maturity of the bond to pay a large amount of cash expenditure (real estate acquisition, expensive medical expenses, etc.), it is not recommended to buy bonds

What is the cost of putting money into bonds?
Keep the securities purchased on the stock exchange on the customer's account without payment How to sell bonds and deposit money into your bank account? Submit an application for a current account to withdraw funds received from bond sales from a brokerage account. The application can be sent via email, bank office or Royal Bank of Scotland system. No later than the next working day after the order is submitted, the money will be transferred to the current account specified in the customer questionnaire, and then the customer can use the funds at their own discretion. If the bond is not sold before the maturity date, the funds will be automatically transferred to the current bank account specified in the customer questionnaire before the maturity date without any other explanation.

Buy bonds on a brokerage account or on?

Brokerage accounts with special tax procedures allow you to deduct tax deductions from your budget. You have a total annual income from which you can pay personal income tax up to 410,000 rubles. Every year (for example, the official salary of the place of work), it is necessary to purchase bonds in the personal investment account, which provides an opportunity to earn more income by returning the personal income tax paid (the so-called tax deduction).

You must complete and submit a 3-form declaration to the tax bureau. For example, if you invest 410,000 rubles to buy the bonds, you will be able to get a 14%* 410,000 rubles tax refund. = 53 1 rubles. You can invest up to one million rubles. Every year, but using, you can only get tax deductions from a maximum amount of 410,000 rubles. In the year.
You plan to invest more than 410,000 rubles to buy bonds. Or there is no income source that should pay personal income tax, it is recommended to sign a brokerage service agreement or use. In the case of using, after three years, all income on this account is tax-exempt (we are only talking about transaction income, not applicable to coupon payments). As with, you can invest up to 1.1 million rubles. In the year.
It is reasonable to send a part of the amount to the brokerage account every year.
It must be remembered that after three years from the date of opening, withdrawing funds from an investment account means that it must be closed. In this case, the tax deductions already received from the state must be refunded to the budget.
How to sign a brokerage service agreement with and start investing. Memorandum on reaching agreements remotely and using brokerage services and.

Please contact the central office of the nearest branch or company business center (Moscow) to reach a brokerage and custody agreement.
To use an enhanced unqualified electronic signature, it is necessary to submit an application for registration of an information exchange subject.
To sign a depository agreement, you must provide the documents for opening an account, which can be found here. Individual banks can sign brokerage and custodial service agreements without personally visiting the bank office, including the use of personal investment accounts. To reach a brokerage and depository agreement without visiting the bank, you must have a current account with, an email address and a mobile number in the customer card.

Mobile banking displays the actual balance of the client's brokerage account and deposit account. The planned balance can be checked in the brokerage report sent to the client's email address (taking into account the +trading mode).
Suitable for smartphones running and operating systems-. Trading platform, and real-time monitoring of the status of the portfolio of securities and futures contracts. There are built-in tools for financial instrument analysis (charts and indicators for technical analysis).

No bank fees are charged for the connection of the information transaction system and its monthly maintenance. Encryption tools certified by authorized agencies of the Russian Federation can ensure the confidentiality and integrity of applications during transmission. You can learn more about the bank’s activity license in the field of information protection in this section. The temporary regulations of the certification center can be found here.
Let customers use securities and currencies circulating on the Moscow Stock Exchange to trade, and the transaction amount exceeds the customer’s assets (cash and/or securities).
With the rise and fall of the stock and foreign exchange markets, unsecured transactions provide opportunities for potential additional income. The collateral for such transactions is the client's brokerage account and/or assets (cash and/or securities) held in the account.

Clients have the opportunity to use the broker's borrowed funds to purchase securities or currencies that greatly exceed the amount of their own funds in their brokerage account. As a result, the amount of possible profit and loss (when the market moves in the opposite direction to customer expectations) increases.
Customers can sell securities or currencies that are not on their account. If the value of the security or currency subsequently falls below its selling price, the customer will be able to purchase the security or currency at a lower price and benefit from the price difference. If the market changes unfavorably, causing the value of the customer's investment portfolio (cash and/or securities) to be less than the corresponding minimum margin, the bank will forcefully close some customer positions.
The carry-forward of unsecured positions is carried out using special or transactions. Banks charge commissions for special or transactions. The rates paid for World Bank services provided within the framework of brokerage services for unsecured transactions, as well as special or transaction rates can be found in the "Interest Rates and Documents" section. Deposit in one of the risk groups. The market risk rate of liquid securities and currencies varies by risk category. In order to be able to conduct unsecured transactions, it is necessary to indicate in the application to join the "Securities Brokerage Regulations" and "Conditions for the Implementation of the Deposit Business of Joint-Stock Companies". Executing unsecured transactions will bring a great risk of partial or total loss of investment funds. You can familiarize yourself with the risk statements related to the implementation of operations in the securities market and derivatives market in the price list and document section. For all the features of unsecured transactions within the framework of bank brokerage services, please refer to Section 4 of theProvisions on Provision of Brokerage Services by Joint-Stock Companies. According to special terms, a separate brokerage account allows individuals to take advantage of tax incentives when investing in stocks and derivatives markets. There is no minimum annual contribution requirement. If the investor does not close within three years from the opening date, the tax incentives are effective.
Investors can choose between two options to obtain tax relief: from the amount initially credited, or at the end-deduct from all profits earned. Allows you to waive tax on investment income or return 14% of the amount paid in the previous year. A personal income tax deduction is provided for donations each year, but it does not exceed 52,000 rubles per year, which is 14% of the donation amount 400,000 rubles.

All investment income earned is tax-free. No personal income tax is provided.

This tax reduction option is suitable for those who use high-profit trading strategies and investors who do not have official income. The conditions for using the personal investment account of a joint-stock company to provide brokerage services can be found in Appendix 18 of the Provisions on the Provision of Brokerage Services by Joint-Stock Companies. The procedures for opening a personal investment account can be found on the World Bank website. You can get personal consultation by phone: +7 (496), 8 (801). Customers who conduct a small amount of transaction operations and do not want to use information and transaction systems for transactions.
Banks can trade with securities circulating on the Moscow Stock Exchange. Provide customers with diversified financial investments and develop various trading strategies (conservative, investment and speculation).

For more information on the Moscow Stock Exchange, please click here.

Banks can use contracts circulating on the Moscow Exchange's derivatives market for transactions.

Exchanges are very interesting about the various trading strategies that can be implemented (hedging, speculative strategies, arbitrage).
A list of tradable futures contracts can be found here. The client's position is exactly the same as the mortgage amount set by the Moscow Exchange (mortgage ratio = 1). For more detailed information on the Moscow Exchange Derivatives Market, please see here.

Banks can conduct business in foreign currencies circulating on the foreign exchange market of the Moscow Exchange.

When signing a brokerage service agreement, clients in the foreign exchange market immediately open brokerage accounts in rubles, dollars, euros, pound sterling and Swiss francs.

When using the _ and _ tools to trade, customers can use margin loans. A list of liquid securities and currencies with market risk interest rates can be found here. The services provided by the World Bank as part of brokerage services on the Moscow Exchange currency market can be found in the section "Tariffs and documents". For more detailed information on the Moscow Exchange currency market, please click here. Banks can use foreign financial instruments that are traded over the counter for transactions.

The OTC market is most suitable for investors who want to diversify their foreign currency-denominated securities investment. Depository receipts, exchange traded fund shares, non-resident shares and bonds).
Investors can view Eurobond investments as a viable alternative to foreign currency bank deposits. In the over-the-counter market, the minimum investment in Eurobonds is usually US$200,000 or its equivalent in other currencies. The appendix of the regulations on deciding to recognize a person as a qualified investor (valid until (inclusive) (, 460 )) appendix is ​​the regulation on the decision to recognize a person as a qualified investor (valid until 29.4.

A single customer will be able to obtain two-factor authentication through the code. This authentication involves logging in with a username and password and a code sent to the customer’s mobile number. In this case, do not use. To change the identity verification method, you need to make appropriate changes to the acceptance application of the "Broker Service Regulations" and "Deposit Activity Terms" by contacting the bank office. Trading operations can be used in mobile applications on smartphones/tablets running and operating systems. -The mobile application is specially developed for novice investors. A mobile application for experienced investors. First, customers will be able to download and install mobile apps for free in the and stores. The current plan for allocating codewords includes the creation of a codeword so that trade orders can only be submitted in paper form at the World Bank office. Submitting a transaction order using the previously set codeword (previously set) will not apply to a single customer.
Bank individuals can access this function to remotely reach an agreement on the provision of brokerage services in the remote banking system, including the use of personal investment accounts. The basic functions of the brokerage service will be available (check portfolio status, deposit/withdraw/fund transfer).

Use the free trial version to trade and visit the developer company's website. To make a call from the site, you need a speaker and microphone, a headset, and a browser that supports version 12. We recommend using one of the following browsers of the specified version to chat: 9 or 11; version 40.0; version 7 on version 35.0; version 27.0. Information about people who have control or significant influence over the credit institution. After Moscow time ends, applications will resume after the work ends. Scott's Tots (The Michael Scott Foundation) - The Office (Digital Exclusive)