Moscow Exchange Announces Auction for Placement of OFZ
OREANDA-NEWS. August 29, 2012. Please be advised that on August 22, 2012 Moscow Exchange will hold an auction to place Russian Federation government bonds (OFZ), issue No 26208RMFS, for a total volume of RUB15 billion.
Parameters of the issue No 26208RMFS are as follows:
state registration number - 26208RMFS;
issue volume - RUB150,000 million;
issue form – documentary, subject to mandatory centralized custody;
par value of one bond - RUB1,000;
commencement date of the placement: March 07, 2012;
completion date of the placement: December 21, 2012;
volume of non-competitive bids: no more than 25% of the total volume of bids submitted by the dealer;
term to maturity: 2,380 days;
coupon payment days: September 5, 2012; March 6, 2013; September 4, 2013; March 5, 2014; September 3, 2014; March 04, 2015, September 2, 2015, March 02, 2016, August 31, 2016, March 01, 2017; August 30, 2017, February 28, 2018, August 29, 2018, February 27, 2019;
term to first coupon payment: 14 days;
coupon rate: 7.50% per annum;
coupon income: for the first-fourteenth coupons – 37 (thirty seven) rubles 40 kopecks each;
accumulated income from the beginning of the coupon period: 34 rubles 52 kopecks;
maturity date: February 27, 2019.
Prospective holders of the bonds that will be offered at the auction: residents and non-residents.
The auction's settlement code determined in accordance with an instruction of the Ministry of Finance of the Russian Federation is S0.
Constant coupon Russian Federation government bonds will be sold/purchased via officially registered dealers of the Moscow Exchange Government Securities Market.
The Bank of Russia has established the following auction schedule:
11.00-11.30 – submission of bids for the bonds
12.30 – announcement of the cut-off price for the bonds
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