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Kurgan Region to issue RUR 1 bln in bonds in 2008

September 11, 2007 Based on Interfax data
Kurgan Region plans to issue domestic bonds worth RUR 1 bln in 2008, according to the spokesperson for the regional government. The bonds will refinance an outstanding issue of RUR 500 mln. “If the market conditions are favorable, we would like to issue under better terms - at 8% for example – in order to early repay the 2006 loan”, - the source said. Matters of maturity, face value and placement date have not been decided upon yet, according to the source.
Company — Kurgan Region
  • Full name
    Government of Kurgan region
  • Registration country
    Russia