7 Feb 2012 14:12

MinFin gives 7.75%-7.8% guidance ahead of bond auction

MOSCOW. Feb 7 (Interfax) - Yield guidance for federal bonds to be offered at an auction on February 8 is 7.75%-7.8%, the Finance Ministry said on its website.

The Finance Ministry said on Monday it would offer 35 billion rubles in constant-coupon federal loan bond series OFZ-PD 26205 at an auction on February 8 instead of OFZ 25079 and OFZ 26204.

The decision was based on analysis of the current market situation, the ministry said.

The OFZ-PD 26205 mature on April 14, 2012 and have 20 semi-annual coupons at 7.6% pa.