AB Rossiya to Hold Bond Offering on September 18

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AB "Russia" to Launch Bond Subscription on September 18

Joint Stock Bank AB "Russia" will conduct a subscription for exchange-traded bonds of series 001P-03 on September 18, from 10:00 to 15:00 Moscow time.

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

Maturity period is 5 years.

Coupon period is 30 days.

Early redemption of bonds is possible at the discretion of the issuer on the expiration dates of the 3rd, 6th, 9th, 12th, 15th, 18th, 21st, 24th, 27th, 30th, 33rd, 36th, 39th, 42nd, 45th, 48th, 51st, 54th, and 57th coupon periods.

AB "Russia" acts as the placement agent.

This 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.