VEB has set the final benchmark for the rate of the 1st coupon of 2-year bonds of the PBO-001R-34 series with a volume of at least 20 billion rubles at 9.35% per annum, a source in the financial market told Interfax.
The benchmark corresponds to a yield to maturity of 9.57% per annum. Semi-annual coupons.
The collection of applications took place on December 2 from 11:00 to 15:00 Moscow time. Initially, the guideline for the rate of the 1st coupon was no higher than 9.5% per annum, in the course of marketing it decreased twice.
Promsvyazbank and Sovcombank are the organizers.
The technical placement is scheduled for December 6.
Currently, there are 26 issues of VEB exchange-traded bonds in circulation with a total volume of 461.06 billion rubles, three issues of classic bonds for 35 billion rubles and three issues of exchange-traded bonds for $1.45 billion.