Russia prices USD4bn before presidential elections20 Mar 2018
Tranche A: USD1.5bn, coupon 4.375%, due 21 March 2029. Reoffer 97.863, yield 4.625%.
Tranche B: USD2.5bn tap (takes total to USD7bn), coupon 5.25%, due 2047. Reoffer 99.9915, yield 5.25%.
Common terms: 144a/RegS. Snr unsecured. Issuer The Ministry of Finance acting on behalf of the Russian