1 Mar 2011 17:25

Yield guidance on OFZ 26203 set at 7.55%-7.65% for Mar 2 auction

MOSCOW. Mar 1 (Interfax) - Yield guidance for the placement of federal law bond issue 26203 with constant coupon yield (OFZ-PD) at an auction slated for March 2 comes to 7.55%-7.65%, the Finance Ministry said in a statement posted on its website.

It was earlier reported that the ministry plans to hold an auction of OFZ-PD 26203 worth 20 billion rubles on March 2.

OFZ 26203 matures on August 3, 2016 and has 12 semiannual coupons. The second coupon will be paid on August 10, 2011. The coupon yield rate has been set at 6.9%. Total bonds from this series in circulation come to 111.5 billion rubles.