Russian, Indian students creating friendship satelliteScience & Space August 16, 21:46
Zenit St. Petersburg loses 0:1 against FC Utrecht in first leg of Europa League play-offSport August 16, 21:34
Saakashvili plans to return to Ukraine on September 10World August 16, 21:23
Russian diplomat concerned over US and North Korean aggressive statementsRussian Politics & Diplomacy August 16, 20:32
Diplomat says US-made chemical weapons found in Syria prove West’s support for terroristsRussian Politics & Diplomacy August 16, 20:14
Russia’s St. Petersburg to host World Travel Awards in SeptemberSociety & Culture August 16, 19:37
Combat aircraft to make up over 50% in Russian state arms seller’s exportsMilitary & Defense August 16, 19:22
Poroshenko orders probe into reports about supplies of missile technologies to North KoreaWorld August 16, 19:08
Over 700 policemen to provide security at UEFA Europa League’s match in Russia's KrasnodarSport August 16, 19:02
MOSCOW, September 22. /TASS/. The volume of demand for Russia’s new Eurobonds with the maturity date in 2026 exceeded $7.5 bln, a source in investment banking circles told TASS.
This demand is higher than for the previous Eurobonds placed in May.
According to the source, the final benchmark of the placement price of Eurobonds with maturity in 2026 amounted to 106.75% of the nominal value, while the yield on the basis of prices was 3.9%.
On Thursday, the Finance Ministry reported on additional placement of ten-year Eurobonds worth $1.25 billion with a reference yield of 3.99%.
VTB Capital acts as the organizer of the placement.
Clearing is carried out by National Settlement Depository (NSD) and Euroclear.
Earlier in May, the Finance Ministry placed Russia’s sovereign Eurobonds for the first time since 2013. Then, the same 10-year Eurobonds with maturity date at May 27, 2026 were placed in the amount of $1.75 billion. The demand for them was $7 billion.