The Finance Ministry is planning 27 December 2017 to spend auctions on placing of Federal loan bonds with fixed coupon yield (OFZ-PD) issue No. 26214RMFS in the amount of 25 billion rubles at face value of Federal loan bonds with fixed coupon yield (OFZ-PD) issue No. 26222RMFS in the amount of 10 billion rubles at nominal value, stated in the information statement.
Maturity date of issue OFZ 26214 – 27 may 2020. Coupon rate for the entire maturity of the loan is of 6.40% per annum.
The maturity date of OFZ issue 26222 – October 16, 2024. Rate semi-annual coupon for the entire circulation term of securities is established in the size of 7.10% APR.
Based on the rest of the attraction on the program of internal borrowings for 2017, the maximum volume of attraction of means for the results of the two auctions will amount to 32.2 billion rubles. The corresponding total volume of OFZ placement will be determined taking into account the requirements of article 113 of the Budget code of the Russian Federation, providing that the proceeds from the placement of OFZ in the amount exceeding their nominal value and proceeds received as accrued interest, reduce the costs of servicing the state debt of the Russian Federation, the Ministry of Finance of the Russian Federation.