OREANDA-NEWS. July 20, 2012. Sviaz-Bank’s Series 05 bonds at a total par value of 5 billion rubles were cleared for trading on the MICEX Stock Exchange’s list of over-the-counter securities, reported the press-centre of Sviaz-Bank.     

From this date on, the Bank’s Series 4 and 5 bonds are traded on the secondary market.

In April 2012, Sviaz-Bank sold out its offering of ten-year Series 05 bonds at a par value of 5billion rubles. Each bond has 20 coupons due for interest payment at intervals of 182 days each.

The first coupon pays an interest of 9.5%, and coupons 2 to 6 pay the same interest as the first coupon.

Fitch Ratings has assigned the following ratings to Sviaz-Bank’s Series 05 bonds: –BB long-term rating in the national currency and the –AA-(rus) long-term rating on the national scale.