Photo: Mohamed Abd El Ghany / Reuters
The Ministry of Finance has placed a new 11-year Eurobonds for $ 1.5 billion under 4,625% per annum (the”Russia-2029″) and the additional issue of securities by 2.5 billion under 5,250% (“Russia-2047”). This was reported on the website of the Department.
Attracted by placement of bonds of $ 3.2 billion are going to use for the redemption of Eurobonds “Russia-2030”.
As told TASS head of debt capital markets “VTB Capital” (the organizer of placing of securities) Andrei Solovyov, the transaction was attended by about 170 Russian and international investors.
“British institutional investors bought 49 percent of the allotment of the issue “Russia-2047″, US investors took 20%, Russian investors — 13, Asian — 3, and 14 percent of the issue had on investors from other regions,” he explained.
Finance Minister Anton Siluanov said that the volume of applications for purchase of new Russian Eurobond filed by investors from the USA, the UK, continental Europe and Asia, exceeded $ 7 billion. According to him, Russia has confirmed its ability to borrow for long terms at market levels, despite the adverse news background.
Video, photo All from Russia.