OREANDA-NEWS. December 23, 2010. OOO Troika Invest completed redemption of series 01 bonds with nominal value of R 176 555 thousand.

Troika Index Bonds are issued in accordance with Russian law and represent an analogue of notes with principal protection. The dependence coefficient on the bonds was set at 45%.

The bonds affirm the bondholder’s right to receive additional income, the size of which is calculated by multiplying the dependence coefficient by growth of the RTS Index, a benchmark indicator of the Russian equity market, and changes in the USD/RUB exchange rate.

Given the amount of RTS Index growth and the dollar exchange rate during the period of bond circulation, yield on the bonds totaled 17.99% annually in rubles or 271 rubles 10 kopecks per bond. In the event of insufficient RTS Index growth, upon bond maturity bondholders would be entitled to receive nominal value plus a fixed coupon of 0.01%.