OREANDA-NEWS. The order book was successfully closed for Eurasian Development Bank's series 09 bonds worth RUB 5 bln.

The bonds will have a 2 year put option with a price equal to 100% of the nominal value.

During book-building more than 30 investor bids were received totaling RUB 9.2 bln. During marketing the indicative price fell from 9.65-9.90% to 9.65-9.75%. Eurasian Development Bank set the first coupon at the bottom of the guidance range - 9.65% annually.

Given the market situation, placement price, coupon rate, and demand for the bonds, Eurasian Development Bank made the decision to accept 21 investor bids.

Organizers are Sberbank CIB, VTB Capital, Gazprombank and Raiffeisen Bank.

Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth and the expansion of mutual trade and other economic ties in its member states. EDB's charter capital exceeds US USD 1.5 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.