+7 343 379-39-39



52, Mamina Sibiryaka,
Ekaterinburg, Russia, 620075

Russia: RZD placed 15 bln rouble bond

November 2008.

Russian Railways, the state railroad monopoly, placed its ninth bond issue on Wednesday worth 15 billion roubles ($546.6 million) and on Nov. 26 will place another issue of the same size, a company official said - Reuters reported.

Yury Novozhilov, the monopoly's deputy head of corporate finance, told Reuters that all of the bonds were purchased by Russian investors.

"The demand for the bonds overshot the supply by around 1 billion roubles," Novozhilov said.

The coupon rate on Russian Railways' ninth bond issue for the first 1.5 years was set at 13.5 percent annually.

"The rate of 13.5 percent accurately reflects the current market situation," Novozhilov said.


Comments of visitors

Comments to this clause still are not present.

You can add the first the comment to this clause. The form of addition of comments is below

Ваше имя:

Заголовок комментария:

Осталось симв.:

Введите текст с картинки:

Он-лайн переводчик