The Republic of Karelia on results of collection of applications has established the rate of the 1st coupon on bonds 2017 in the amount of 8.00% per annum, reported the Ministry of Finance in the region. The rate of the rest of the coupons equal the rate of the 1st coupon.
The original indicative rate of the 1st coupon was announced in the range of 8.60-of 8.80% per annum.
The technical placement of securities on the stock exchange on 16 October 2017.
The total volume of issue at nominal value amounts to RUR 2 billion. The nominal value of one security of the issue 1,000 roubles. The term of maturity – 6 years. The issue has amortization: for 30% of the nominal value at the end date of the 16th and 20th coupons, 40% of the nominal value in the end date of the coupon 24.