OREANDA-NEWS. On December 10, 2008 Fitch Ratings assigned Russian Agricultural Bank’s RUR 10 billion series 5 senior bond, maturing in November 2018, a National Long-term rating of 'AAA(rus)', reported the press-centre of Russian Agricultural Bank.

RAB is rated Long-term Issuer Default (IDR) 'BBB+' with Negative Outlook, Short-term IDR 'F2', Individual 'D', Support '2', Support Rating Floor ‘BBB+’ and National Long-term 'AAA(rus)' with Stable Outlook.

Funds raised from the placement will be used to expand RAB’s active operations and contribute to the implementation of the Federal Program on Agribusiness Development 2008-2012.