By Tanya Meyer
Chicago, Feb. 3 – The Ministry of Finance of the Russian Federation auctioned RUB 23.19 billion of government bonds in two tranches on Wednesday.
The ministry sold RUB 15 billion of government bonds due Aug. 18, 2021 to yield 10.49%.
The bonds priced at a cut off price of 88.48 to yield 10.54% with a weighted average price of 88.6589 and a yield at the weighted average price of 10.49%.
The bid volume in notional terms was RUB 59.937 billion, while the volume placed in notional terms was RUB 15 billion.
Government bonds due Aug. 16, 2023 totaling RUB 8.189 billion were auctioned to yield 2.64%.
The bonds priced at a cut off price of 99.75 to yield 2.66% with a weighted average price of 99.8755 and a yield at the weighted average price of 2.64%.
The bid volume in notional terms was RUB 17.952 billion, while the volume placed in notional terms was RUB 8.189 billion.
| Issuer: | Ministry of Finance of the Russian Federation
|
| Issue: | Government bonds
|
| Auction date: | Feb. 3
|
|
|
| Bonds due 2021
|
| Amount: | RUB 15 billion
|
| Maturity: | Aug. 18, 2021
|
| Weighted average price: | 88.6589
|
| Weighted average yield: | 10.49%
|
|
|
| Bonds due 2023
|
| Amount: | RUB 8.189 billion
|
| Maturity: | Aug. 16, 2023
|
| Weighted average price: | 99.8755
|
| Weighted average yield: | 2.64%
|
© 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.
