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28 July 2003 03:32
Yamal Nenets to place 1.8 bln ruble in bonds on Aug 5
SALEKHARD. July 28 (Interfax-Urals) - Yamal Nenets autonomous district plans to place 1.8 billion rubles in fixed coupon bonds on the Moscow Interbank Currency Exchange on August 5, Iosif Levinzon, the deputy governor of the district, told Interfax. Menatep St Petersburg is the general agent for organization and placement of the issue. Standard & Poor's on May 23 2003 upgraded the long-term foreign currency rating on Yamal Nenets to B from B-. The outlook is positive. The agency also assigned a ruA national scale rating to the district. The ratings reflect improved debt structure, economic growth and the high quality of budget implementation, S&P said in a press release. [RU ASIA EUROPE EEU EMRG EUB RESF] me <>
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