18 Aug 2016 16:22

Eurasian Development Bank returns 4.9 bln rubles in 9th series bonds to market

MOSCOW. Aug 18 (Interfax) - The Eurasian Development Bank (EDB) returned 9th series bonds totaling 4.860 billion rubles to the market in a secondary placement on Thursday, after buying them in an offer on June 2, the bank said in a press release.

The bonds were placed at 100% of par.

"The overall bid book totaled about 7.9 billion rubles," the press release says.

EDB collected bids on the secondary placement of the 9th series bonds on August 17. During the course of marketing, the price guidance was set at no less than 100% of par, corresponding to a yield of 9.96% annually.

Raiffeisenbank and Gazprombank were the placement organizers.