Russia - Ministry of Finance Compensation Bonds (Min Fin Bonds)

Ministry of Finance Compensation Bonds

 The bond series is matured.


 

Obligor: The Ministry of Finance of the Russian Federation
Issue Size: Tranche II:..............................USD 1,518,000,000
Tranche III:.............................USD 1,307,000,000
Tranche IV:.............................USD 2,627,000,000
Tranche V:..............................USD 2,167,000,000
Tranche VI:.............................?
Maturity: Tranche II:..............................May 14, 1996
Tranche III:.............................May 14, 1999
Tranche IV:.............................May 14, 2003
Tranche V:..............................May 14, 2008
Tranche VI:.............................May 14, 2011
Interest Rate: 3% fixed
Coupon Frequency: Annual
Day Count: 30/360
Issue Date: May 14, 1993
Amortisation: None, bullet at maturity
Options: Non-call for life
Currency: USD only
Form of Instrument: Bearer bonds
Denominations: $100,000; $10,000 and $1,000
Paying Agent: Central Bank of the Russian Federation
Servicing Agents: Vneshekonombank (Bank for Foreign Economic Affairs)
Rosvneshtorgbank (Russian Foreign Trade Bank)
Credit Rating: Not rated
Principal Collateral: None
Interest Payment Collateral: None
Listing: Not Listed
   
Settlement Information Physical delivery or domestic settlement using a custodian account
at a local bank. The bonds represent the refinancing of hard-
currency deposits at Vneshekonombank, frozen in March 1992.

The bonds cannot be physically transferred out of Russia.