By Sarah Lizee
Olympia, Wash., Dec. 20 – Russia auctioned RUB 45 billion of bonds in two tranches on Wednesday, according to two announcements from the Russian Ministry of Finance.
Russia auctioned RUB 25 billion of bonds due Oct. 16, 2024. The cut-off price was 99.341 and the yield at the cut-off price was 7.35%.
The weighted average price was 99.3602 for a yield at the weighted average price of 7.35%.
Russia received bids for RUB 77,842,000,000 and took in net proceeds of RUB 25,112,000,000.
It also auctioned RUB 20 billion of bonds due March 23, 2033. The cut-off price was 100.3909 and the yield at the cut-off price was 7.8%.
The weighted average price was 100.4437 for a yield at the weighted average price of 7.79%.
Russia received bids for RUB 54,166,000,000 and took in net proceeds of RUB 20,384,000,000.
| Issuer: | Russia
|
| Amount: | RUB 45 billion
|
| Auction date: | Dec. 20
|
|
|
| 2024 bonds
|
| Amount: | RUB 25 billion
|
| Net proceeds: | RUB 25,112,000,000
|
| Maturity: | Oct. 16, 2024
|
| Cut-off price: | 99.341
|
| Yield at cut-off price: | 7.35%
|
| Weighted average price: | 99.3602
|
| Yield at weighted average price: | 7.35%
|
|
|
| 2033 bonds
|
| Amount: | RUB 20 billion
|
| Net proceeds: | RUB 20,384,000,000
|
| Maturity: | March 23, 2033
|
| Cut-off price: | 100.3909
|
| Yield at cut-off price: | 7.8%
|
| Weighted average price: | 100.4437
|
| Yield at weighted average price: | 7.79%
|
|
|
|
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