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Mortgage Agent Fora to sell RUB 1.13bn in mortgage-backed bonds

December 26, 2012 | Cbonds

Mortgage Agent Fora, an SPV of Fora-Bank, has approved a sale of RUB 1.13bn in Class A and B mortgage-backed bonds. Class A tranche counting 868,676 bonds will be sold through public offering; Class B tranche counting 259,474 bonds will be sold through private offering. The face value per bond is RUB1,000. Fora-Bank will act as buyer of Class B bonds. The bonds will be redeemed in instalments at the beginning of March, June, September and December every year. The bonds mature on 5 June 2045. The issues have a call and a put option.

Company: FORA-BANK

Full company name"FORA-BANK" Joint-Stock Commercial Bank
Country of riskRussia
Country of registrationRussia
IndustryBanks

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