The benchmark rate of the 1st coupon on bonds “Gazprombank” of series BO-15 is in the range of 8.00-8.20% APR, which corresponds to the yield to maturity on the level of 8.16-of 8.37% per annum, said a source in the market.
The bid book for bonds of the issue will be closed 28 November at 16:00 (Moscow time).
The technical placement of securities on the stock exchange is scheduled for December 1, 2017.
The Bank placed under open subscription of 10 million bonds with a nominal value of 1,000 rubles each. Total issue volume at face value is 10 billion. The bonds circulation period – 3 years, bonds have 6 coupon periods (6 months each). The offer is not expected.
The organizers of the placement: “Gazprombank”, BK “Region”. The placement agent is Gazprombank.