2 Feb 2017 18:05

VTB places overnight KS-1-93 series bond issue worth 50 bln rubles in full

MOSCOW. Feb 2 (Interfax) - VTB placed overnight exchange-traded KS-1-93 series bonds worth 50 billion rubles in full on Thursday, according to materials from the Moscow Exchange where the placement took place.

The exchange said 85 deals were made.

The bonds were placed at 99.9721% of par value, corresponding to yield of 10.19% per annum. Yield per bond will total 27.9 kopecks.

The discounted bonds were placed according to an open subscription as part of an exchange-traded bond program for 5 trillion rubles. The par value of each bond is 1,000 rubles.