OFZ 26206's yield guidance comes to 8.1%-8.2% for Nov 2 auction - MinFin
MOSCOW. Nov 1 (Interfax) - The yield guidance for the November 2 auction placement of Federal Loan Bond series 26206 with constant coupon yield (OFZ-PD 26206) comes to 8.1%-8.2%, the Finance Ministry said in a statement posted on its website.
It was earlier reported that the Finance Ministry will hold an auction on November 2 for the additional sale of six-year OFZ-PD 26206 worth 10 billion rubles instead of a previously planned auction for the placement of OFZ-PD 26205.
OFZ-PD 26206 will mature on June 14, 2017 and has 12 coupon periods. The first coupon will be paid on December 21, 2011. The coupon yield rate has been set at 7.4% Total OFZ-PD 26206 bonds in circulation now come to 78.5 billion rubles.
OFZ-PD 2605 will mature on April 14, 2021 and has 20 semiannual coupon periods. The first coupon payment will take place on October 26, 2011. The coupon rate was set at 7.6%.