Bank Zenit has set the 12th coupon rate for BO-09 bonds at 0.1%

Bank Zenit has set the 12th coupon rate for BO-09 bonds at 0.1%

Bank Zenit has set the 12th coupon rate for BO-09 bonds at 0.1%

Bank Zenit (MOEX: ZENT) has set the 12th coupon rate for BO-09 series bonds at 0.1% per annum, the bank said.

The bank placed 10-year exchange-traded bonds worth 5 billion rubles in April 2015. The bonds have 20 semi-annual coupons. The current coupon rate is 7% per annum. For the October 5 issue, the offer will be executed.

Currently, there are 5 exchange-traded bond issues of the bank in circulation for the amount of 19.197 billion rubles.

At the end of the second quarter of 2020, Bank Zenit ranks 36th in terms of assets in the Interfax-100 ranking prepared by Interfax-CEA.

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