OREANDA-NEWS. On May 04, 2007 Moody's Investors Service has assigned an A3 rating to Russian Agricultural Bank’s medium-term loan participation notes programme. The outlook for the rating is stable, reported the press-centre of RAB. The loan participation notes are issued by RSHB Capital S.A. (a special purpose vehicle "SPV" domiciled in Luxemburg) with the sole purpose of funding unsecured and unsubordinated loans to Russian Agricultural Bank. The A3 senior unsecured debt rating is based on Russian Agricultural Bank's fundamental credit quality and takes into account all relevant country risks.