The Bank of Russia on 12 December will hold an auction on placement of the fourth issue bonds (COBRAS) with a volume of 200 billion rubles at nominal value, according to the materials of the Central Bank.
The nominal value of one security of the issue 1,000 roubles. The maturity date of the securities is 14 March 2018.
Coupon rate – the key rate of the Bank of Russia. NAC is calculated for each day of coupon period on the key rate of the Bank of Russia applicable on this day.
The placement and circulation of bonds is carried out among Russian credit institutions.