VTB Bank in full placed release of exchange bonds of series B-1-1, is spoken in the message of the credit organization.
The Issuer placed by open subscription of 15 million bonds with a nominal value of 1,000 rubles each. The total volume of issue at nominal value amounts to 15 billion rubles. The maturity of loan is 1 year. The bonds have 4 coupon period at a rate of 8% per annum.
“This is a special product, an analogue of deposits, but more profitable, liquid and available to any natural or legal person. In addition to higher than Deposit yields, bonds can be sold early at the market price, while retaining fully the coupon income accrued since the last payment. In addition, clients receive coupon income will not be subject to taxation in the presence of market transactions in these securities. But if used for the purchase of securities of individual investment accounts, clients will be able next year to get an additional refund of previously paid personal income tax in the amount of 52 thousand rubles”, – said the Deputy President-Chairman of VTB Bank Anatoly Pechatnikov.