Moscow. September 22. INTERFAX.RU – the Demand for sovereign Eurobonds of the Russian Federation with maturity in 2026 is greater than $3 billion, reported “Interfax” a source in banking circles.
“Very high interest from all types of investors”, – said the Agency interlocutor. Russia dorazmestit Eurobonds worth up to $1.25 billion Benchmark offering price is 106% of par, which corresponds to a yield of 3.99% per annum. The pricing is expected on Thursday evening.
The only organizer of the transaction “VTB capital”, the clearing is carried out NSD and Euroclear.
Russia in may has placed 10-year Eurobonds for $1.75 billion under 4.75% per annum, reaching the international debt market for the first time since the fall of 2013. The only placement was also made by “VTB Capital”.
The volume of foreign borrowing in 2016, according to the budget law are limited to the amount of $3 billion, so with the already posted $1.75 billion dorazmeshchenii tranche of Eurobonds-2026 cannot be more than $1.25 billion.