The benchmark rate of the 1st coupon on bonds “Gazprombank” of series BO-13 is in the range of 8.70-8.90% per annum, which corresponds to yield to maturity at the level of 8.89-9.10% APR, said a source in the market.
The bid book for bonds of the issue will be closed today at 17:30 (Moscow time).
The technical placement of securities on the stock exchange is scheduled for June 14, 2017.
The Bank placed under open subscription of 10 million bonds with a nominal value of 1,000 rubles each. The volume of release face value – 10 billion. The maturity of 3 years, the offer is not expected.
The organizers of the placement: Gazprombank, Sberbank CIB. The placement agent is Gazprombank.