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AKB Rosbank OAO to Place A7-A9 Bonds Totaling RUB 25 Billion-Interfax


Friday, 15 Mar 2013 07:21am EDT 

Interfax reported that the Board of Directors of AKB Rosbank OAO on March 15, 2013, has approved the decision to place A7-A9 bonds totaling RUB 25 billion, the Bank said. Issues will be placed by public subscription on 10 years period. The volume of A7 and A8 series will be amounted to RUB 10 billion, while A9 series will be amounted to RUB 5 billion. The securities will have 20 semi-annual coupons. The rate of the second coupon the issuer equated to a rate of the first coupon. Nominal value of one bond is RUB 1 thousand. 

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19 Dec 2014