Source: Demand for Russia’s dollar Eurobonds close to $6 bln - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Demand for Russia’s dollar Eurobonds close to $6 bln

MOSCOW, Jun 20 (PRIME) -- Demand for Russia’s dollar-denominated Eurobonds with a 10- and 30-year maturity is approaching U.S. $6 billion, a banking source told PRIME on Tuesday.

The Finance Ministry has set a yield guidance of around 4.25% for 10-year Eurobonds and around 5.25% for 30-year Eurobonds, the source said. The initial guidance stood at 4.25–4.50% and 5.25–5.50%, respectively.

The ministry confirmed on Monday the start of the Eurobond placement. VTB Capital acts as the organizer.

Finance Minister Anton Siluanov said on Monday the ministry plans to offer a $3 billion Eurobond very soon and expects that Western investors, including from the U.S., will be highly interested in the Eurobonds despite the possible extension of the U.S. anti-Russian sanctions.

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20.06.2017 12:21