Moscow Exchange Announces Auction for Placement of Government Bonds
OREANDA-NEWS. September 6, 2012. Please be advised that on August 29, 2012 Moscow Exchange will hold an auction to place constant coupon Russian Federation government bonds (OFZ), issue No 25080RМFS, for a total volume of RUB10 billion.
Parameters of the issue No 25080RМFS are as follows:
state registration number - 25080RМFS;
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: April 25, 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: 1,694 days;
coupon payment days: October 24, 2012; April 24, 2013; October 23, 2013; April 23, 2014; October 22, 2014; April 22, 2015, October 21, 2015, April 20, 2016; October 19, 2016; April 19, 2017;
term to first coupon payment: 56 days;
coupon rate: 7.40% per annum;
coupon income: for the first-fourteenth coupons – 36 (thirty six) rubles 90 kopecks each;
accumulated income from the beginning of the coupon period: 25 rubles 55 kopecks;
maturity date: April 19, 2017.
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 issue,
12.30 – announcement of the cut-off price for the issue.
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