MOESK prices bonds at 8.8%, demand 18.7 bln rubles

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MOESK prices bonds at 8.8%, demand 18.7 bln rubles

MOSCOW. Sept 20 (Interfax) - The rate on the first coupon on OJSC Moscow Unified Grid Company (MOESK) series BO-01 bonds totaling 5 billion rubles has been set at 8.8% per annum, corresponding to first-period coupon yield of 43.88 rubles per bond, a company statement says.

The rates for the second through sixth coupon periods are the same as for the first.

Demand was 18.7 billion rubles with 60 bids received from local and foreign investors.

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