Russia's Transneft plans 35 bln rouble bond

MOSCOW, March 20 (Reuters) - Russian oil pipeline monopoly Transneft (TRNF_p.RTS: Quote, Profile, Research) plans to raise 35 billion roubles ($1.02 billion) by issuing rouble bonds, the company said on Friday.

Transneft said in a statement the bonds would have maturity of 10 years and would be placed via open subscription.

Transneft's investment programme for 2009 is 200 billion roubles. (Reporting by Yelena Fabrichnaya, writing by Tanya Mosolova, editing by Robin Paxton)