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Tomsk registers issue terms for new bonds

May 14, 2010 | Cbonds

The Finance Ministry of Russia has registered issue terms for new 2010 bonds of the city of Tomsk. The issue can have a tenor of one to five years and a RUR1,000 par value per bond. According to Irina Yartseva heading the Finance Department of the city administration, 2 types of issue terms were registered due to the continuing market volatility, one stipulating an amortizing bond issue and the other non-amortizing. This will give the city administration more flexibility in terms of managing debt duration and optimizing debt servicing costs.

Company: Tomsk City Finance Department

Full company nameTomsk City Finance Department
Country of riskRussia
Country of registrationRussia

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