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Russia’s Finance Ministry completes offering of federal loan bonds

June 22, 2016, 18:29 UTC+3 MOSCOW
The ministry completed the offering of the series worth $233.3 mln and $77.8 mln
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MOSCOW, June 22. /TASS/. The Russian Finance Ministry completed the offering of Series 26217 fixed-income OFZ bonds worth 15 bln rubles ($233.3 mln) and Series 24018 variable coupon bonds in the amount of 5 bln rubles ($77.8 mln) at the auctions, the ministry said on Wednesday.

The weighted average yield of Series 26217 OFZ bonds mature on August 18, 2021 totaled 8.81% per annum. The weighted average price was 95.37%. The cutoff price equaled 95.35% of the par value and the cutoff price yield totaled 8.82% per annum.

The weighted average yield of Series 24018 OFZ bonds mature on December 27, 2017 totaled 10.8% per annum.

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