11th coupon on bonds of 2013 is paid in Bashkiria
On June 23, the regional Ministry of Finance transferred 77.3 million rubles for payment of the 11th coupon yield under the bonds of the internal loan of the Republic of Bashkortostan of 2013, the press service of the department informs.
The bonds issue for a total nominal amount of 5 billion rubles with a maturity period of 2548 days was published on September 27, 2013. The bonds have 28 coupon periods of 91 days each. The coupon rate for 1-26 coupons is set at 7.75 percent per annum, for 27 and 28 coupons — 7.65 percent per annum.
At present, there are four outstanding bond issues of the Republic of Bashkortostan, with total amount of debt liability on them — 12.7 billion rubles.
As of June 1, the government debt of Bashkortostan constitutes 25.85 billion rubles, including 12.7 billion — government securities, 8.9 billion — publicly funded loans, 3.8 billion — bank loans in rubles, 409,4 million — state guarantees. The cost of servicing of the national debt as of June 1 amounted to 706.8 million rubles.