Zee Beam News

RBC, 06.12.2006, Moscow 18:53:02.The Russian domestic debt denominated in government securities edged up 1.8 percent and amounted to RUR1,002bn (approx. USD382.73bn) as of December 1, 2006, according to the Finance Ministry's verified data. As of January 1, 2006 domestic debt amounted to RUR851.121bn (approx. USD32.51bn). The debt consists of three major components. Its major part is federal loan bonds with debt amortization (OFZ-AD) accounting for 66.56 percent (RUR667.43bn, or approx. USD25.49bn). The second largest part is federal loan bonds with a constant yield (OFZ-PD), with 19.9 percent of the total amount of debt (RUR200.12bn, or approx. USD7.64bn). And finally - federal loan bonds with a fixed coupon yield (OFZ-FK), accounting for 9.4 percent (RUR 94.834bn, or approx. USD36.22bn). A smaller part of the debt is in government savings bonds with a fixed interest rate (GSO-FPS), with 4 percent of the total amount of debt (RUR40bn, or approx. USD1.53bn).