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Russian gov't plans to attract $11 bln through securities

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(fixes investment volume)

ST. PETERSBURG, December 7(RIA Novosti) - Russia's Finance Ministry is planning to attract 296 billion rubles ($11 billion) through the placement of government securities in 2007, a ministry official said Thursday.

Alexander Shcherbakov, a deputy head of the ministry's international finance department, said redemption is expected to be 80.11 billion rubles ($3 billion), with 213.523 billion rubles ($8 billion) in net investment.

He said over 217 billion rubles ($8.1 billion) was attracted on the domestic market in January-November 2006. Redemption accounted for 59.94 billion rubles ($2.2 billion), and net investment was 157.9 billion rubles ($5.9 billion).

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