11 Jun 2009 16:16

Russian Railways placing 15 bln rubles in sixteenth-series bonds at 14.4%

MOSCOW. June 11 (Interfax) - The rate of the first coupon of a sixteenth-series bond issue by Russian Railways (RZD) for 15 billion rubles has been set at 14.4% annually, the company said in a statement.

The organizers of the placement predicted yesterday that the first coupon rate would range from 14.25%-14.49% instead of the initially expected 14.25%-14.75%.