18 Jan 2013 16:41

VTB places add'l 1 bln yuan in Eurobonds at 3.802% - source

MOSCOW. Jan 18 (Interfax) - VTB has placed an additional 1 billion yuan in Eurobonds at 3.802% per annum, a financial market source told Interfax.

Yield guidance on this issue was 3.8%-3.9% (3.85% +/- 5 basis points).

In the middle of October, VTB placed 1 billion yuan (around $160 million) in three-year bonds at 4.5% pa. Demand topped 1.6 billion yuan.

VTB Capital S.A. is the issuer. BNP Paribas and VTB Capital are the joint book runners.

Previously, in December 2010, VTB placed 1 billion yuan ($150 million at the time) in three-year bonds at 2.95% pa.