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Average yield for OFZ-AD 46002 at auction set at 7.97% (Part 2)
MOSCOW. Jan 21 (Interfax) - The weighted average price of OFZ-AD 46002 bonds, with 3,122-day terms, which were offered at auction on Wednesday, was set at 109.229% of face value, corresponding to 7.97% yield. The Finance Ministry sold 6.7 million rubles worth of the 8 billion ruble issue. Revenue from the placement totaled 7.63 billion rubles. Initial demand reached 8.5 billion rubles, or 9.09 billion rubles by market cost. The cut-off price was set at 108.76% of face value, which corresponds to yield of 8.05%. [RU ASIA EUROPE EEU EMRG GVD INSI] me <>
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