3 May 2011 19:27

MICEX to start trading Russia 2015 and 2020 Eurobonds on May 5

MOSCOW. May 3 (Interfax) - The MICEX will allow Russian Eurobonds placed in April 10 into circulation as of May 5, the MICEX said in a statement.

Russia's Finance Ministry placed two Eurobond issues in April 2010 that will mature in 2015 (world $2 billion) and 2020 ($3.5 billion).

The bonds have semiannual coupons. The five-year issue has a rate of 3.625%. The ten-year issue's rate comes to 5%.