VTB places 60.7% of overnight KS-1-99 series bond issue for 30.4 bln rubles
MOSCOW. Feb 10 (Interfax) - VTB placed overnight exchange-traded series KS-1-99 bonds for 30.35 billion on Friday, which corresponds to 60.7% of the issue with a nominal volume of 50 billion rubles, according to materials on the Moscow Exchange where the placement was held.
The bonds were placed at a price of 99.9715% of the nominal, which corresponds to yield on repayment of 10.05%.
The yield for one bond is 87.5 kopecks.
The discount bonds were placed according to an open subscription as part of an exchange-traded bond program for 5 trillion rubles. The par value of one bond is 1,000 rubles.