Alfa-Bank has set the final volume of placement of 002P-07 series bonds with a maturity of 447 days in the amount of 6 billion rubles, a source in the financial market told Interfax.
The collection of applications for bonds took place from 11:00 Moscow time on October 1 to 16:00 Moscow time on October 5. In the course of marketing, the volume of placement was “from 5 billion rubles.”
As reported, the final benchmark of the 1st coupon rate is set at 5.3% per annum, which corresponds to a yield to maturity of 5.38% per annum. Initially, the benchmark for the 1st coupon rate was 5.10-5.30% per annum.
The duration of the 1st coupon period will be 82 days, the 2-3rd coupons will be semiannual.
The bank acts independently as the organizer and placement agent.
The technical placement is tentatively scheduled for October 8.
The previous time the bank entered the debt market at the beginning of June this year. Then he placed annual bonds of the 002P-06 series in the amount of 10 billion rubles at the rate of 5.75% per annum.
Currently, there are 17 issues of exchange-traded bonds of the bank in circulation for a total of 118 billion rubles, an issue of exchange-traded bonds worth 20 million euros, two issues of exchange-traded bonds worth $ 20 million and one issue of classic bonds worth 5 billion rubles.
According to the results of the second quarter of 2020, Alfa-Bank took 4th place in terms of assets in the Interfax-100 ranking prepared by Interfax-CEA.