OREANDA-NEWS. The order book was closed for Eurasian Development Bank's series 08 bonds worth RUB 5 bln. The series 08 bonds will mature 7 years from placement and have a put option 2 years after the sale.

During book-building 32 investor bids were received for the series 08 bonds with the coupon rate falling between 7.50% and 7.80% annually. Investor demand for the series 08 bonds amounted to RUB 8.6 bln.

Upon conclusion of bookbuilding the coupon for the series 08 bonds was set at 7.65% annually.

Given the market situation, placement price, coupon rate, and demand for the bonds, Eurasian Development Bank made the decision to accept 20 investor bids for the series 08 bonds.

Settlements under the deal will take place on the MICEX stock exchange on October 16, 2013.

The placement was organised by VTB Capital, Gazprombank, Raiffeisen Bank and Sberbank CIB.