Karachay-Cherkess Republic placed bonds for 1.5 billion rubles at face value. According to the Moscow Exchange, the date of placement of the loan with bonds was concluded 11 deals worth 1 billion 548,300 million.
The rate of the 1st coupon on bonds results of collection of applications installed at the rate of 8.70% per annum, the rate of other coupons is equal to the rate of the 1st coupon. Initially, the benchmark rate of the 1st coupon was declared at the rate of 8.50-8,70% per annum.
The bonds circulation term – 7 years. The repayment of the nominal value of the bonds is the amortization installments: 25% of the nominal value in the payment date of the 22nd, 24th, 26th and 28th of coupon income.