Sviaz-Bank Acts as Paying Agent for Udmurtian Republic
OREANDA-NEWS. January 21, 2010. The Udmurtian Republic paid interest on the fifth coupon of its Series 25002 bonds in full and exactly when it was due. Sviaz-Bank acted as managing underwriter of the issue and paying agent, reported the press-centre of Sviaz-Bank.
The bondholders were paid coupon interest at a rate of 8.4% per annum, or 42 rubles 35 kopecks per bond. In all, 105,875,000 rubles was paid in coupon interest.
The Udmurtian Republic floated its second Series 25002 five-year bond issue on July 17, 2007, to raise 2.5 billion rubles.
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