The weighted average price of OFZ 29014 at the auction is 97.63%, securities for 115.22 billion rubles were placed

The weighted average price of OFZ 29014 at the auction is 97.63%, securities for 115.22 billion rubles were placed

The weighted average price of OFZ 29014 at the auction is 97.63%, securities for 115.22 billion rubles were placed

The weighted average price at the auction held on Wednesday for the placement of OFZ-PK series 29014 with maturity on March 25, 2026 was 97.6283% of the nominal, according to information from the Moscow Exchange.

A total of 115 billion 217 million rubles were sold at par. Bonds series 29014 with maturity on March 25, 2026 have 23 quarterly coupon periods and the first coupon period is 49 days, the date of payment of the 2nd coupon yield is September 30, 2020. The calculation of interest rates for coupons 1-24 and corresponding coupon yields is based on the average value of RUONIA rates for the current coupon period with a small “technical” time lag of seven calendar days, that is, they are determined at the end of the current coupon period (for previous OFZ issues – PC rates were calculated based on the expired coupon period and were known before the start of the coupon period).

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