The Bank of Russia on 14 November, will hold an auction on placement of third issue coupon bonds (COBRAS) with a volume of 500 billion rubles at face value. The nominal value of one security of the issue 1,000 roubles. Maturity date – 14 February 2018.
Coupon type floating. Coupon rate – the key rate of the Bank of Russia for each day of the coupon period.
To participate in bonds placement shall be allowed only to the Russian credit organizations. Circulation of bonds is carried out among Russian credit institutions.
The Bank of Russia took a decision on the implementation of the issue of the third issue of coupon bonds on 19 October 2017.