OREANDA-NEWS On 05 October was announced, that Priorbank starts selling 13 and 14-th issue for businesses secured equity Priorbank JSC.

The amount of Priorbank JSC bond issue is 100 bln rubles. The nominal value of one bond is 100 thousand rubles.

Primary distribution offers fixed bond income at 16,5% per annum (which is similar to 21,71% per annum on a deposit). The 14th release rate depends on the refinancing rate of NBB. Terms treatment of 13 and 14th editions are of 456 and 516 days, respectively. Accommodation will be accepted until March 30th, 2010 through public sale. After March 30th, 2010 bonds will be traded on the secondary market.

Bond attractiveness for investors is provided with the revenues from sales and redemption of the bonds, which are exempt from income taxation, and opportunity to manage the investment period with the help of transactions with these bonds on the secondary market.

Additional information is available daily, except weekends and public holidays in Priorbank JSC phone: 289 92 32.