City of Moscow places 9.8 bln rubles in 48th series bonds at 7.58%
MOSCOW. April 7 (Interfax) - The City of Moscow has placed 9.8 billion rubles in 48th series bonds at 7.58% p.a. at an auction, Moskomzaim, the city's borrowing committee, said in a statement.
The cut-off price was 96%.
The committee offered 10 billion rubles worth of paper and received 79 bids for a total of 14.448 billion rubles.