Domestic debt grew in March due to the placement of additional debt amortization federal loan bonds (OFZ-AD), worth 9.92 billion rubles (about $381.5 million). OFZ-AD bond placements totaled 716.65 billion rubles (about $27.56 billion) as of April 1, the Finance Ministry said.
The Finance Ministry earlier said the proportion of foreign debt in Russia's state debt would fall to 53.5% in 2007, to 47.2% in 2008, and to 42.6% in 2009.
The volumes of other bond placements were unchanged in the reporting period, the Finance Ministry said.
As of April 1, the volume of permanent coupon income federal loan bonds (OFZ-PD) totaled 229.48 billion rubles (about $8.83 billion), fixed coupon income federal loan bonds (OFZ-FK) 94.83 billion rubles (about $3.6 billion), permanent coupon income government savings bonds (GSO-PPS) 420 million rubles (about $16.15 million) and fixed coupon income government savings bonds (GSO-FPS) 52 billion rubles (about $2 billion), the Finance Ministry said.
The Finance Ministry earlier said it plans to place government securities worth 293.6 billion rubles (about $11.28 billion) on the domestic market in 2007.
