MOSCOW, August 6. /TASS/. Russia’s Finance Ministry has completed the offering of Issue 26248 fixed coupon income federal loan (OFZ-PD) bonds mature on May 16, 2040 to the amount of 85.37 bln rubles ($1 bln) at an auction, according to files provided by the ministry.
The demand at the auction reached 97.815 bln rubles ($1.2 bln).
The weighted average price of the issue was 89.5246% of the par value, while its weighted average yield totaled 14.42% per annum.