The Ministry of Finance of Russia in the exchange of Eurobonds for dorismae 1,404 billion maturing in 2027, for $ 2.5 billion — maturing in 2047. This was reported on the website of the Department. The yield on 10-year bonds is 4 percent, 30-year — 5.2 percent.
On 13 September the Ministry of Finance announced the beginning of exchange bonds of two issues of foreign loans maturing in 2018 and 2030 for new securities maturing in 2027 and 2047. The organizers of the exchange act “VTB Capital”, Gazprombank, Sberbank CIB.
As reported by RIA Novosti head of debt capital markets “VTB Capital” Andrey Soloviev, the demand for Eurobonds of Russia, placed in the exchange issues maturing in 2018 and 2030 for a new one, amounted to about $ 6 billion request for new papers filed 135 investors.
In the placement of new securities was attended by many new investors. “This so-called real money, hedge funds, private investors came mostly in a short paper. There was also an Asian insurance company, they preferred to issue maturing in 2047,” said Soloviev.
On 19 June the Ministry of Finance has started the placement of sovereign Eurobonds. The volume of securities maturing in 30 years amounted to two billion dollars. Another billion was issued Eurobonds for a period of 10 years. The yield on the 10-year tranche is 4.25 percent, 30-year at 5.25 percent.
In September 2016, Russia has placed ten-year Eurobonds for $ 1.25 billion. In may last year, the country also borrowed $ 1.75 million.