By Marisa Wong
Madison, Wis., Nov. 26 – Russia sold RUB 603 million of bonds due Aug. 16, 2023 at an auction on Wednesday, according to an announcement from the Russian Ministry of Finance.
The cut-off price was 82, and the yield at the cut-off price is 10.41%.
The weighted average price was 82.0914 for a yield at the weighted average price of 10.39%.
Russia offered RUB 5 billion of the bonds and received bids for RUB 4.6 billion.
Russia also sold RUB 70 million of bonds due May 11, 2016 at an auction on Wednesday, according to another announcement from the Ministry of Finance.
The cut-off price was 94.7501, and the yield at the cut-off price is 10.2%.
The weighted average price was 94.7501 for a yield at the weighted average price of 10.2%.
Russia offered RUB 5 billion of the bonds and received bids for RUB 520 million.
| Issuer: | Russia
|
| Issue: | Bonds
|
| Amount: | RUB 673 million
|
| Auction date: | Nov. 26
|
|
|
| 2016 bonds
|
| Amount: | RUB 70 million
|
| Maturity: | May 11, 2016
|
| Cut-off price: | 94.7501
|
| Yield at cut-off price: | 10.2%
|
| Weighted average price: | 94.7501
|
| Yield at weighted average price: | 10.2%
|
|
|
| 2023 bonds
|
| Amount: | RUB 603 million
|
| Maturity: | Aug. 16, 2023
|
| Cut-off price: | 82
|
| Yield at cut-off price: | 10.41%
|
| Weighted average price: | 82.0914
|
| Yield at weighted average price: | 10.39%
|
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