OREANDA-NEWS. August 3, 2007. Russian Railways has made the third coupon payment on its Series 05 bonds, paying out a total of 332.6 million roubles.

Series 05 bonds were placed on January 26, 2006 and have a term of 3 years (1,092 days). The coupon rate was determined during the auction held on issue day and amounts to 6.67% per annum or 33.26 roubles per bond per coupon period of 182 days.

The paying agent was TransCreditBank.

At present, Russian Railways has five bonds outstanding: Series 02 and 03 with a nominal of 4 billion roubles each, Series 05 and 06 with a nominal of 10 billion roubles each, and Series 07 with a nominal of 5 billion roubles. All bonds are semi-annual.

Secondary trading of Russian Railways’ bonds takes place on Moscow Interbank Currency Exchange.