March 21, 2019 / 12:38 PM / 2 months ago

Russia lowers yield guidance for two Eurobond issues - source

MOSCOW, March 21 (Reuters) - The Russian finance ministry has lowered to 5.125-5.25 percent the yield guidance for its U.S. dollar Eurobond and to 2.375-2.5 percent the guidance for its euro-denominated Eurobond, a financial market source said on Thursday.

Demand for the dollar Eurobond maturing in 2035 had exceeded $5.5 billion. Demand for 2025 euro Eurobond was at around 2.5 billion euros, the source said.

Russia is expected to raise between 500 million and 700 million euros in the 2025 Eurobond, the source said. (Reporting by Andrey Ostroukh and Oksana Kobzeva, editing by Larry King)

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