The Finance Ministry will place Eurobonds in a single package with the exchange of old securities
The Finance Ministry will conduct a placement of Eurobonds in one package with exchange of old releases, but not in one day, told journalists the Minister of Finance Anton Siluanov.
“In one sitting doesn’t mean in one day. Doing it all together, it does not mean that in one day. In one package,” said Siluanov, answering the question of whether the term of placing of Eurobonds of the Russian Federation to coincide with the terms of the exchange of old for new editions of the paper. The Ministry of Finance of Russia from March 7 begins the exchange of sovereign Eurobonds of the Russian Federation with maturity in 2030
The Finance Ministry on 7 March, announced the beginning of the exchange of sovereign Eurobonds of the Russian Federation with maturity in 2030 Eurobonds of additional issues maturing in 2027 and 2047 years or for bonds of new issues posted to exchange. Applications for exchange bonds will collect “VTB Capital” in the period from 7 to 15 March, the Finance Ministry has reserved the right to change the terms of the exchange of such securities.
The Finance Ministry this year plans to place Eurobonds for $ 3 billion and exchange paper old editions to new for another $ 4 billion. A similar program of external loans of the Russian Federation was implemented last year. But this year, unlike previous years, to participate in the placement of Eurobonds of the Russian Federation will be admitted to Russian investors.