OREANDA-NEWS. The order book was closed for a government bond issue by the Kemerovo Region (government registration number RU34001KEM0 from November 18, 2013).

The overall demand for the bonds was more than RUB 1.25 bln whereas the offering totalled RUB 1 bln.

The issuer made the decision to accept 9 investor bids worth a total of RUB 1 bln.

The technical settlements for the bonds will take place on the MICEX on November 29, 2013.

The issuer set the coupon rate at 8.20% annually, which corresponds to a yield of 8.45% annually.

The bonds have a maturity of 5 years (1,825 days) from the date of sale.

The placement was organised by Sberbank CIB and VTB Capital.