Eurasian Development Bank to Issue Ruble-Denominated Bonds
OREANDA-NEWS. October 14, 2009. Eurasian Development Bank, listed on STF RFCA provided Kazakhstan Stock Exchange (KASE) with a press release, reported the press-centre of KASE:
Russian Financial Market Federal Agency registered ruble-denominated securities of Eurasian Development Bank in the aggregate volume of RUB20 bn. Within the next 12 months the Bank is planning to conduct up to four RUB5 bn bond issues.
Terms and placement parameters may vary depending on the market situation and current needs of the bank.
Receipts from sales of the ruble-denominated bonds will be used for the sake of corporate goals of the bank and investment projects in Russia.
At the end of September 2009 the bank issued USD500 m international Euro bonds within the the EMTN Program for 5 years. In April-June the bank issued and placed in two tranches KZT20 bn Euro bonds in Kazakhstan.
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