OREANDA-NEWS. March 23, 2011. Sviaz-Bank has announced that it keeps a file to accept applications for the purchase of five-year Series 01 bonds issued by FSUE Post of Russia to raise 7 billion rubles. The Bank is a co-managing underwriter and paying agent for the first-ever bond issue offered by FSUE Post of Russia, reported the press-centre of Sviaz-Bank.

Applications will be accepted from 12:00 hours on March 10, 2011 to 17:00 hours on March 25, 2011. Bonds will be sold on registered applications at fixed prices and a fixed interest payable on the first coupon. The coupon interest rate varies tentatively between 8.75% and 9.25% per annum.

Each Series 01 bond offered by FSUE Post of Russia has a par value of 1,000 rubles. The issue offers a three-year redemption option.