OREANDA-NEWS. May 17, 2010. Vnesheconombank acting as the paying agent for the Russian Finance Ministry made payments on the next coupon on OVGVZ bonds of the 7th tranche.

OVGVZ bonds of the 7th tranche were issued by the Russian Finance Ministry in 1996 in the amount of 1.75 billion US dollars. And at present, they are the final issue of OVGVZ bonds in circulation.

Maturity date of OVGVZ bonds of the 7th tranche comes due on May 14, 2011. Coupon yields on the bonds are paid once a year at a rate of 3% per annum.