OREANDA-NEWS. On June 07, 2007 Russian Railways has made coupon payments on its bonds amounting to a total of 320,72 million roubles. The payment agent was TransKreditBank, reported the press-centre of Russian Railways.

Coupon payments were made on two of its bonds, Series 02 and 03, with a total nominal value of 8 billion roubles.

The bonds were issued on 8 December 2004. The 02 Series was issued with a maturity of 3 years (1,092 days) and the 03 Series for 5 years (1,820 days).

The coupon on the Series 02 bond is 38,64 roubles and on the Series 03 bond 41,54 roubles.

At the moment, six Russian Railways bonds are outstanding: Series 02 and 03 with a nominal value of 4 billion roubles each, Series 04, 05 and 06 with a nominal value of 10 billion roubles and Series 07 with a nominal value of 5 billion roubles. The coupons are semi-annual and paid every182 days.

Russian Railways bonds are traded on the secondary market at the Moscow Intercurrency Exchange (MICEX).