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.
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Issuer, issue numberRussia, 2042
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
Amount3,000,000,000
State registration number12840061V
ISINXS0767473852
End of placement03/28/2012
Date of circulation start04/20/2012
Initial issue price97.553
Yield at pricing5.798
Coupon5.625%
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