AB "Rossiya" Launches Retail Bond Offering Series 001P-02

© ООО Региональные новости

AB "Russia" Conducts Bidding for Exchange-Traded Bonds Series 001P-02

Joint Stock Bank "Russia" conducted a bidding process for exchange-traded bonds of series 001P-02 today from 10:00 AM to 3:00 PM Moscow time.

The nominal value of each bond is 1,000 Russian rubles.

The term of circulation is 1 year.

The coupon period is 30 days.

Early redemption of bonds is possible at the discretion of the issuer on the dates of completion of the 3rd, 6th, and 9th coupon periods.

AB "Russia" acts as the placement agent.

The overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the "Higher School of Management" Faculty at the Financial University under the Government of the Russian Federation.