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PLACING OF THE MOSCOW EUROBONDS WILL BEGIN ON MAY, 23RD OR 25 -

				
				
				
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PLACING OF THE MOSCOW EUROBONDS WILL BEGIN ON MAY, 23RD OR 25 -
ISLAND THE TOLKACHYOV.
        Moscow, on May, 7th. A/PRIME-TASS/. Placing
Eurobonds of the government of Moscow will begin 23 or 25
May. On it has informed today at press conference
The chairman of Moskomimuschestvo and the first vice-premier
The governments of Moscow Oleg Tolkachev.
      As he said, the capital municipality counts
To receive in the European markets of capitals not less than 300 million
doll for the term from 1,5 till 2 years on the conditions comparable with
On what placed the eurobonds
The government of the Russian Federation.
     O.Tolkachev considers, that today Moscow does not have problems
With reception of such volume of loans abroad.
      Mortgaging fund of the Moscow eurobonded loan
It is generated at the expense of the real estate and monetary actives
The Moscow government, and also "highly remunerative actions
The Moscow hotels ". Answering a question of the PRIME-TASS,
Chairman MKI has carried to number of such hotels "Redisson -
Slavic "and" Olimpik Penta the Renaissance ", however not
Has specified, whether securities of these hotels are brought in
Mortgaging fund of the Moscow loan.
      Among projects which can be financed
At the expense of means from placing of eurobonds, O.Tolkachev
Has named building programs in capital underground and
Elevated garages, and also parkings, reconstruction
The central part of a city. Chairman Moskoimimushchestva
Has noticed, that means from placing internal
Municipal loan are already enclosed in reconstruction
gostinogo a court yard, sport centre "Luzniki" and in
Building of an ofisno-housing complex in Golutvinsky
To large village street/area Big Jakimanka/. - 0 - op/vg
//* an information Source: the Prime-TASS, 7.05.97
//* Reg. Nom. - 6070500041.53-------------------------------------------