Mortgage Lending Agency to Float Four Bond Issues
OREANDA-NEWS. August 06, 2008. The Supervisory Board of the Mortgage Lending Agency (MLA) adopted a decision to float four bond issues worth RUB 28 bn, MLA said in its statements.
The placement of 12-15 issues, each valued at RUB 7 bn, is scheduled, with bonds of the 12th issue to mature on December 15, 2013, April 15, 2018 for the 13th issue, May 15, 2023 for the 14th issue and September 15, 2028 for the 15th issue.
As a result, issues with maturity of 5, 10, 15 and 20 years are slated for placement. MLA head Alexander Semenyaka unveiled bond placement plans in June. At present, 11 issues of MLA bonds, with state guarantees for a total of RUB 36.82 bn, are in circulation.
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