Saratov region has placed bonds on 5 billion roubles

Saratov oblast has placed bonds for 5 billion rubles. According to data from the Moscow exchange, with the bond to the date of placement was concluded with 119 deals worth 5 billion rubles.

The region was placed by open subscription on 5 million bonds with a nominal value of 1,000 rubles each.

The term of maturity – 7 years. The repayment of the nominal value of the bonds is carried out by parts: 30% – 23 Nov 2022, 30% – 22 Nov 202З g., 40% – November 20, 2024

Rate quarterly coupon for the entire term of the bonds on the results of collection of applications installed in the size of 8.10% APR.

“The replacement of Bank loans by bond issuance will help to lengthen the debt portfolio and reduce the cost of its maintenance”, – stated in the materials of the regional government.

Saratov region has placed bonds on 5 billion roubles 23.11.2017

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