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Derzhava Bank postpones Series 02 bond sale indefinitely

June 29, 2011 | Cbonds

Derzhava Bank has postponed a sale of Series 02 bonds indefinitely. Initially the issuer planned to sell the bonds on July 1.

The issue worth RUR1bn matures in 5 years. It has a 1-year put option. Bonds carry semi-annual coupons. The first coupon will be set based on bookbuilding results.

Issue: Derzhava Bank, 02

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
cancelledRussia20171,000,000,000 RUB-/-/-

Company: Derzhava Bank

Full company namePublic Joint-Stock Commercial Bank "DERZHAVA"
Country of riskRussia
Country of registrationRussia
IndustryBanks

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