February 26, 2008 |
|VTB-24 intends to place RUR 16bn worth of bonds by the end of Q1.|
“We have a large portfolio of bonds included into the Bank of Russia’s Lombard list, and loans that can be accepted by the Bank of Russia as a security guarantee”, announced Mikhail Zadornov, chairman of board.
Earlier he announced that the bank was planning to place two five year bond issues. The Bank of Russia registered 02 and 03 series bond issues of VTB-24 amounting to RUR 16bn in mid-December 2007.
The bank placed the 02-series bond issue worth RUR 10bn on February 12 with the 1st coupon rate at 7.7%.
Issue: VTB 24, 03
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
Company: VTB 24
|Full company name||Bank VTB 24 (public joint-stock company)|
|Country of risk||Russia|
|Country of registration||Russia|