Bashkortostan Finance Ministry transferred 25.89 million rubles for 15th coupon payment on bonds 2012

UFA, 29 August 2016. /Bashinform News Agency,Olesya Seregina/. On August 29, the Ministry of Finance of Bashkortostan transferred 25.89 million rubles for payment of the 15th coupon yield under the bonds of the republican internal loan of 2012, according to the website of the department.

The bonds issuance for a total nominal amount of 3 billion rubles with a maturity period of 1456 days was placed on December 4, 2012. The bonds have 16 coupon periods of 91 days each. The coupon rate for 1-14 coupons was set at 8.75 percent per annum, 8.65 percent per annum for 15 and 16 coupons. Maturity of bonds is till November 29, 2016.

Currently there are four issues of the Republic of Bashkortostan bonds in circulation. As of August 1, 2016 the total amount of debt holding on them is 11.8 billion rubles.