17 Jul 2012 15:22

Russian MinFin to offer 30 bln rubles in bonds at July 18 auctions

MOSCOW. July 17 (Interfax) - The Russian Finance Ministry will offer 15 billion rubles in 15-year constant-coupon federal loan bond series OFZ-PD 26207 and 15 billion rubles in seven-year OFZ-PD 26208 at auctions on July 17, the ministry said.

Yield guidance for the auctions is 8.27-8.32% for the OFZ-PD 26207 and 7.75-7.80% for the OFZ-PD 26208.

The OFZ-PD 26027 mature on February 3, 2027 and have 30 semi-annual coupons at 8.15% pa.

The OFZ-PD 26208 mature on February 27, 2019 and have 14 semi-annual coupons at 7.5% pa.

The MinFin said it had planned to auction the OFZ-PD 26208 on August 1, but brought this forward in view of the market situation.