OREANDA-NEWS. December 24, 2013. Sviaz-Bank fixed the interest rate payable on the fifth to seventh coupons of its Series 03 bonds issued to raise 5 billion rubles at 8.6% per annum or 42 rubles 88 kopecks per bond.

Sviaz-Bank sold its third bond issue by public subscription on the MICEX Stock Exchange on December 22, 2011. In all, 5 million bonds were offered at a par value of 1,000 rubles each. A bond carries 20 coupons paying interest at intervals of 182 days each.

Sviaz-Bank’s Series 03 bonds have been put on quotations List B of the MICEX Stock Exchange, CJSC.

The Fitch Ratings Agency has awarded the BB long-term rating in the national currency to the bonds, and the AA long-term rating on the national scale.