OREANDA-NEWS. April 17, 2014. Sviaz-Bank (Vnesheconombank Group) fixed the interest rate payable on the fifth coupon of its Series 04 bonds issued to raise 5 billion rubles at 9.75% per annum, or 48 rubles 62kopecks per bond.

Sviaz-Bank offered its fourth bond issue by public subscription on the MICEX Stock Exchange on April 25, 2012. All 5 million bonds were sold at a par value of 1,000 rules each. Each bond carries 20coupons for a period of 182 days each. The closest bond buyback option comes on April 25, 2014.

The next bond buyback option is scheduled six months from now.

The Fitch Ratings Agency has given the BB long-term rating in the national currency and the AA-(rus) long-term rating on the national scale to Sviaz-Bank’s Series 04 bonds.