News

Short-Term Exchange-Traded Bonds Issued by Vnesheconombank

Vnesheconombank issued short-term bonds in an additional placement to companies and corporations on 24 and 25 October 2018.

The Bank raised 40 billion roubles, including 20 billion roubles from bonds with a maturity of 14 days and a coupon of 7.27% p.a. and 20 billion roubles from bonds with a maturity of 21 days and a coupon of 7.27% p.a.

The par value of one bond is 1,000 roubles. The bonds were sold at 100% of their par value. The coupon is payable at maturity.

The arrangers of the bond issue are Gazprombank and Svyaz-Bank.

The bonds are on the Moscow Exchange’s Quotation List Level 1. The depository is National Settlement Depository.