ALROSA To Place Ruble Bonds On MICEX Today

The Russian diamond monopolist ALROSA will start floating the eight issue of its ruble bonds for a total of 500 million rubles (about $16.71 million) on MICEX today, a source in the Russkie Fondy company reported to RBC. This company acts as a financial consultant of the issue. The bonds will be issued for two years at a nominal value of 1,000 rubles (about $33.41). The National Depository Center will act as a depository of this issue.

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