MICEX admits 11 bln rubles in 3 Bank Petrocommerce exchange bond issues to trade
MOSCOW. July 16. (Interfax) - The MICEX Stock Exchange has admitted 11 billion rubles in Bank Petrocommerce BO-02 through BO-04 series exchange bonds to trade, the lender said in a statement.
The BO-02 and BO-03 series bonds are worth 3 billion rubles each, and BO-04 and BO-05 total 5 billion rubles each.
Petrocommerce did not disclose the circulation period for the bond issues.
The bank provides for the possibility of early maturity at the owners' demand and at the issuer's discretion.
Petrocommerce currently has 3 billion rubles in BO-01 exchange bonds and 11 billion rubles in the fifth through seventh series classical bonds in circulation.
Bank Petrocommerce was Russia's 23rd largest bank by assets at the end of H1 2012, according to the Interfax-100 ranking.