Russia to place $2 bln in 5-yr Eurobonds, $3.5 bln in 10-yr

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Russia to place $2 bln in 5-yr Eurobonds, $3.5 bln in 10-yr - source

MOSCOW. April 22 (Interfax) - Russia is placing sovereign Eurobonds in two tranches totaling $5.5 billion, a source in banking circles told Interfax.

The tranche of five-year bonds will total $2 billion and the 10-year tranche will amount to $3.5 billion.

The yield guidance is 125 basis points to US Treasuries (UST) for the five-year bonds and 135 b.p. to UST for the 10-year bonds. Pricing is expected at about 2:00 p.m. London time on Thursday.