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Russia’s Finance Ministry completes offering of federal loan bonds

MOSCOW, May 18. /TASS/. The Russian Finance Ministry completed the offering of Series 24018 floating coupon OFZ bonds worth 9.4 bln rubles ($143.9 mln) at the auction, the Ministry said on Wednesday.

The weighted average yield of Series 24018 OFZ bonds mature on December 27, 2017 totaled 10.63% per annum. The weighted average price was 102.3%.

The cutoff price equaled 102.25% of par value. The cutoff price yield totaled 10.68% per annum.

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