OREANDA-NEWS. On April 28, 2008 Fitch Ratings assigned Russian Agricultural Bank CHF 150 million 6,263% limited recourse loan participation notes due April 2012 a final Long-term 'BBB+' rating, reported the press-centre of RAB.

The notes are to be used solely for financing a loan to RAB, rated Issuer Default 'BBB+' with a Stable Outlook. The loan currency was selected in order to expand the investor base.

Bonds are issued to provide for the funding of Russian Agricultural Banks operations, including lending being performed within the framework of the Federal Program on Agribusiness Development.