Minfin placed OFZ bonds for 815 billion rubles

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The Ministry of Finance placed OFZ bonds for 815 billion rubles.

The demand volume for OFZ-PC issue 29029 amounted to 1 trillion 378.097 billion rubles.

The offering volume was the remaining amount available for placement in the specified issue.

The placed volume of the issue amounted to 815.026 billion rubles, the proceeds from the placement were 771.122 billion rubles.

The cut-off price of the bonds was set at 93.4490% of the nominal value, the weighted average price was 93.6222% of the nominal value.

The repayment date for OFZ issue 29029 is October 22, 2041. The coupon income rates will correspond to the published values of the RUONIA overnight index swap rate for a 3-month term, as of the date preceding the coupon period end date by seven calendar days.

Overview presented by Alexey Grishchenko, Doctor of Economics, Professor of the Department of Operational and Sectoral Management at the Faculty of "Higher School of Management" of the Financial University under the Government of the Russian Federation.