Bashkortostan Ministry of Finance directed 170.5 million rubles for seventh coupon 2014 payment
UFA, 15 July 2016. /Bashinform News Agency, Olesya Seregina/.
On July 13, the regional Ministry of Finance directed 170.5 million rubles on payment of the seventh coupon yield under the bonds of the internal loan of the Republic of Bashkortostan 2014, according to the website of the department.
Issuance of bonds of nominal capacity of 6 billion rubles and a maturity period of 1638 days was placed on October 16, 2014. The bonds have 18 coupon periods of 91 days each. The coupon rate was set at 11.4 percent per annum. The securities have an amortization redemption structure.
At present, there are four issues of bonds of the Republic of Bashkortostan in the circulation with the total amount of debt — 12.7 billion rubles.