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Vnesheconombank to place Series PBO-001P-01 bonds worth of RUR 19.575 bln on Feb.29

February 24, 2016
Vnesheconombank starts the placement of Series PBO-001P-01 bonds worth of RUR 19.575 bln within the Bond program on Monday, February 29, the issuer reports. The issue tenor is 9 years (3276 days) from the date of placement. The face value is 1000 rubles per bond. The placement price is 100% of par. The bonds will be sold via public offering. The bonds imply one year coupons. The rate of 1-9 coupons is set at 11.6% p.a. in accordance with the decision on the issue, which corresponds with the coupon revenue in the amount of 115.68 rubles. The total amount of accrued bond income for every coupon period from 1 to 9 will be RUR 2 264.436 mln.
Company — Vneshprombank
  • Full name
    Foreign Economic Industrial Bank
  • Registration country
    Russia
  • Industry
    Banks