OREANDA-NEWS. May 16, 2012. On May 16, 2012 an auction for additional placement of constant coupon Russian Federation government bonds (OFZ) issued under No25079RMFS will be run in MICEX-RTS. Amount of the offer is RUB10 billion.         

Procedure for running the auction set by the Bank of Russia:

11:00 - 11:30 – submitting bids;

12:30 - announcement of the cut-off price.

Share of non-competitive bids: no more than 25% from a total bid volume submitted by a dealer.

Potential holders of the securities are determined as residents and non-residents.

Auction's settlement code determined in accordance with an instruction of the Ministry of Finance of the Russian Federation is S0.