By Marisa Wong
Madison, Wis., July 1 – Russia auctioned RUB 15 billion of bonds on Wednesday, according to an announcement from the Russian Ministry of Finance.
The bonds are due December 2017. The cut-off price was 101.9000, corresponding to a yield of 14.85%.
The weighted average price was 102.0561 for a yield of 14.77%.
Russia received bids for RUB 39.68 billion and took in net proceeds of RUB 15.31 billion.
Issuer: | Russia
|
Amount: | RUB 15 billion
|
Maturity: | Dec. 27, 2017
|
Cut-off price: | 101.9
|
Yield at cut-off price: | 14.85%
|
Weighted average price: | 102.0561
|
Yield at weighted average price: | 14.77%
|
Auction date: | July 1
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.