VTB places one-day bonds, series of KS-2-121 in the amount of 75 billion rubles for the price of 99,9780% of the nominal value, which corresponds to yield to maturity at the level of 8.03% per annum, the Bank said.
The offering price of the bonds in money terms established in the amount of 999 rubles 78,0 kopecks per bond.
The bonds are to be offered in the second program of exchange bonds with total nominal amount of up to 15 trillion. rubles, inclusive.
Release program short-term exchange-traded bonds provides for the placement of securities on the Moscow stock exchange on a daily basis at pre-announced price. Placement is carried out in the working day from 16:00 to 16:45 after the closing of the interbank market. Redeemed securities on the next business day at 12:00. The benchmark yield on overnight bonds is the corridor between the Deposit rate of the Bank of Russia and interbank market.
Placement of debut issue one-day bonds under the first program with a volume of 5 trillion. rubles was held on 24 October 2016.