Moody's gives Khanty-Mansiysk bonds Baa3 currency rating

Moody's Investors Service said it assigned a provisional Baa3 provisional global-scale local currency rating to the Autonomous District (Okrug) of Khanty-Mansiysk - Yugra's three ruble bond issues, each of RUB 2 billion, to be issued prior to the end of 2009.

These senior unsecured bonds have fixed coupon rates and are due in 2011, 2012 and 2013, respectively, the agency said.

The bonds will be used to fund Khanty-Mansiysk's budget deficit and strengthen its liquidity position, Moody's said it said it added.

Moody's Interfax, at the same time, said it assigned provisional Aaa.ru provisional national-scale ratings to the bonds.

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