Siberia | Finance, business

Novosibirsk region pays $10.5m on bonds

17 Jun '09
Authorities in Novosibirsk region have paid $10.5m to redeem debt amortization and 14th coupon of the third-series bonds, regional officials report.

The coupon payment came in at $500,000, while debt amortization amounted to $10m.

The five-year $80m bonds were placed in December 2005. The bonds are to be redeemed in 12.5% parts in the dates of repayment of 9-16 coupons.
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