Demand for bonds of Saint-Petersburg amounted to 79.8 billion, which is more than 2.5 times higher than the declared placement volume of issue, announced the Committee of Finance of the city.
The rate of the 1st coupon on bonds of the issue according to the results of collection of applications was set at 7.70% per annum, which corresponds to the yield to maturity of 7.85% per annum. The initial benchmark rate of the 1st coupon was announced in the range of 7.75% – 7,85% annual.
The volume of placement amounted to 30 billion rubles.
The technical placement of securities on the stock exchange on 6 December 2017.