\u00a0YEREVAN, November 18. \/ARKA\/. Secondary placement of ruble bonds of Eurasian Development Bank (EADB) of the registered issue of the series 03 took place today in Moscow, press-service of the Bank informed ARKA News Agency.<\/p>\n
According to the press-release, total volume of the secondary placement was about 4.9 billion rubles. By the bonds is payable semi-annual coupon rate of 7.5% annually. Terms of issue provide the right of bondholders to present them for redemption in 2 years.<\/p>\n
During the book-building over 20 Russian and international investors submitted applications in the total amount of over 5.6 billion rubles. In its result, the price of secondary placement was 97.87% of nominal value of the bonds (profitability to the offer was 8.90% annually). The application book for participation in the placement was closed on November 16.<\/p>\n
The funds attracted in the result of secondary placement of bonds will be allocated to EADB for funding its main activity.<\/p>\n
Organizers of the issue are \u201cVTB Capital\u201d cjsc, \u201cRaiffizenbank\u201d cjsc, \u201cRON Invest\u201d Ltd and \u201cTroyka Dialog\u201d.<\/p>\n
Board member of EADB, Managing Director on corporate funding Dmitri Krasilnikov said that taking into account the state of secondary market and expectations for the next 2-3 months, we discuss with EADB the terms of attraction of funds through secondary placement as attractive, especially in terms of US dollars which are the base currency of the bank.<\/p>\n
Eurasian Development Bank is an international financial organization founded by Russia and Kazakhstan in January 2006 with the purpose of assisting in the development of market economy of member-states, their stable economic growth and expansion of mutual economic-trade relations.<\/p>\n
Charter capital of EADB exceeds 1.5 billion US dollars. Member-states of the Bank are Russian Federation, Republic of Kazakhstan, republic of Belarus, Republic of Tajikistan, Republic of Armenia and Kyrgyz Republic.\u20140–<\/p>\n","protected":false},"excerpt":{"rendered":"
Secondary placement of ruble bonds of Eurasian Development Bank (EADB) of the registered issue of the series 03 took place today in Moscow, press-service of the Bank informed ARKA News Agency.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216,326],"tags":[13042,12848,12146,956],"class_list":["post-29874","post","type-post","status-publish","format-standard","category-banks-en-en","category-news","category-bonds-am","tag-denominated-rubles","tag-eurasian-development-bank","tag-russia","tag-956"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t