Russia’s success with 30-year eurobond to simplify long-term corporate bond issuance – Finance Ministry


Finance Minister Anton Siluanov considers the successful 30-year eurobond sale an important landmark as the issue may become a benchmark for long-term corporate issues. “The most important fact is that 30-year bonds garnered the most demand. It us important as we have other issuers who can raise such long-term money,” Siluanov told journalists Thursday.
Issuer, issue numberRussia, 2042
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
State registration number12840061V
End of placement03/28/2012
Date of circulation start04/20/2012
Initial issue price97.553
Yield at pricing5.798
Coupon frequency2 time(s) per year
Settlement date04/04/2012
Maturity date04/04/2042
Issue ManagersCitigroup, Deutsche Bank, BNP Paribas, VTB Capital, Sberbank
Trading floorMoscow Exchange, XS0767473852 (First level), London S.E., Berlin Exchange
Issuer: Russia
Issuer profile:

The Russian Federation is a sovereign and democratic federal state, consisting of 83 sub-federal political units. Russia is the largest country in the world by land mass, covering 17.1 million squ... more

Outstanding issues:
59 issuesRUR7,477,126,933,000
11 issuesUSD45,684,574,656
1 issuesEUR750,000,000
Issuer rating:
Dagong CreditA/StableInternational scale rating (local curr.)10/30/2012
Dagong CreditA/StableInternational scale rating (foreign curr.)10/30/2012
Organisation for Economic Co-operation and Development (OECD)4/Country Risk Classifications03/31/2015
Moody's Investors ServiceBa1/NegativeLT Int. Scale (loc. curr.)02/20/2015
Moody's Investors ServiceBa1/NegativeLT Int. Scale (foreign curr)02/20/2015
Standard & Poor'sBB+/NegativeLT Int. Scale (foreign curr.)04/17/2015
Standard & Poor'sBBB-/NegativeLT Int. Scale (loc. curr.)04/17/2015
Standard & Poor'sruAAA/LT National Scale (Russia)04/17/2015
Fitch RatingsWithdrawn/National Scale (Russia)09/05/2011
Fitch RatingsBBB-/NegativeLT Int. Scale (foreign curr.)01/09/2015
Fitch RatingsBBB-/NegativeLT Int.l Scale (local curr.)01/09/2015
Rating Agency RAEX (Expert RA)BBB+/Foriegn curr. scale12/26/2014
Rating Agency RAEX (Expert RA)BBB+/Local curr. scale12/26/2014