The book for series 34003 government bonds of Vologda Region is closed; demand totalled RUR 8.5 bln

The book for government bonds of the Vologda Region was closed on December 5. The issue worth RUR 4.6 bln at face value has a fixed coupon and debt amortization (state registration number RU34003VLG0 of November 29, 2012). Issue tenor is 5 years (1820 days). During book-building, investors made over 35 bids with coupon rate ranging from 9.50% to 10.55% per annum. Demand exceeded RUR 8.5 billion. The issuer met 34 bids totalling RUR 4.6 bln. The first coupon rate was set by the issuer at 9.75% p.a. Technical sale will take place on MICEX December 11, 2012. Sberbank CIB is the general agent.

• Status
  redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  4,600,000,000 RUB
• М/S&P/F
  — / — / —

• Full name
  Vologda Oblast Government
• Registration country
  Russia