27.09.2016, 12:28
Sberbank successfully closed books for its BO-37 Series certificated interest-bearing non-convertible exchange-traded bearer bonds
OREANDA-NEWS. On Friday September 23rd, 2016 Sberbank successfully closed books for its BO-37 Series certificated interest-bearing non-convertible exchange-traded bearer bonds issue with mandatory centralized custody. The coupon rate was set at 9.25% p.a. The bonds have a five year maturity from the placement date.
This transaction attracted new investors which once again confirmed the interest for the securities of the Bank. Sberbank considers this placement as the next step in establishing its long-term presence in the domestic debt market and setting up a full-fledged local bond curve.
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