Udmurtian Republic Pays 3rd Coupon on Its Series 25002 Bonds
OREANDA-NEWS. On January 19, 2009 the Udmurtian Republic paid the third coupon on its Series 25002 bonds on time and in full, with Sviaz-Bank acting as issue managing underwriter and payment agent, reported the press-centre of Sviaz-Bank.
The bondholders were paid the coupon at an annual interest rate of 8.4%, or 42 rubles 35 kopecks per bond. Udmurtia paid out 63,525,000 rubles in all.
The republic’s second bond issue in Series 25002 was floated on July 17, 2007. The bonds have a five-year maturity, and the whole issue helped Udmurtia raise 1.5 billion rubles.
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