17 Dec 2012 09:34

Sberbank board approves record amount of exchange traded bond issues

MOSCOW. Dec 17 (Interfax) - The supervisory board of Sberbank on Friday approved 51 issues of exchange traded bonds, Russia's biggest lender said.

The bond issues total 500 billion rubles, a record amount for the Russian bond market.

The board approved 19 issues of 5 billion rubles each, including 14 with duration of one year and five three-year issues; 20 issues of 10 billion rubles each, including ten for one year and ten for three years; seven issues of 15 billion rubles each, including two one-year and five three-year; and five three-year issues of 20 billion rubles each.