Sberbank (MOEX: SBER) of Russia placed 3.17% of the IOS_PRT_SBERDVTI-5Y-001Р-320R series investment bonds for RUB 63.4 million and 97.50% of the IOS_PRT_MEGATRENDS-5Y-001Р-318R series issue for RUB 1.95 million, the bank says.
The nominal volume of both issues is 2 billion rubles.
The circulation period of all issues is 5 years.
There are 5 annual coupons for the IOS_PRT_SBERDVTI-5Y-001Р-320R issue, the rate of all coupons is 3.20%. There is one coupon for the IOS_PRT_MEGATRENDS-5Y-001Р-318R series loan, the rate is 0.01% per annum.
In addition, additional income will be paid.
The bonds were placed under the program of exchange-traded bonds (identification number 401481В001P02E) up to RUB 700 billion, which the Moscow Exchange (MOEX: MOEX) registered in October 2015. In January 2020, Mosbirzh registered changes to the program, according to which the volume of the program was increased by 1 trillion rubles – up to 1.7 trillion rubles.
Sberbank placed its debut semi-annual issue of structural bonds in December 2016 for RUB 456.419 million. Additional income on securities was tied to the dynamics of the ruble / dollar rate. Later, Sberbank renamed such bonds with additional floating income, but guaranteed repayment of the main part of the debt into investment bonds.
Currently, there are 265 issues of Sberbank exchange-traded bonds (MCX: SBER) for 697 billion rubles in circulation, one issue of classic bonds for 18.5 billion rubles and three issues of investment bonds denominated in dollars for $ 44.72 million.