OREANDA-NEWS. On 25 December 2013, Bank Petrocommerce bought back 611,832 bonds of 05 series (40501776Â dated 23.04.2009), which comprises 12.2% of the par value, under the put option.

The Bank's 5-year ruble-denominated bond issue of 05 series in the amount of RUB 5 bln was placed on the MICEX, on 17 December 2009. The issue implies 10 half-year coupons. The 9th and 10th coupon yield is 9.0% (effective yield at maturity is 9.2%).

Later on, the Bank plans to place the bonds on the secondary market.

Currently, there are 5 outstanding bond issues at par value of RUB 21 bln. Bond issue of 05 series and commercial paper issues of ÁÎ-01, ÁÎ-02 and ÁÎ-03 series are included in the first-level 'A' list at the MICEX and are accepted as collateral by the Central Bank of Russia.