B&N Bank issues series BO-PO2 exchange-traded bonds in the amount of RUB 3 billion
B&N Bank has issued its series BO-P02 exchange-traded bonds (ISIN RU000A0JXNW4) with a nominal value of RUB 3 billion and 1-year tenor, as part of its RUB 200 billion exchange-traded bond programme. The issue identification number of the bonds is 4B020200323B001P (registered on 10 April 2017) and the issue identification number of the bond programme is 402562B001P02E (registered on 5 October 2015).
The issue, with a bond par value of RUB 1,000 and 12 coupon periods, was taken up in full. The interest rate on all 12 coupons was set at 12.15% per annum. Issuance of the exchange-traded bonds was through open subscription, using the trading and settlement systems of the Moscow Exchange; the issuer acted as placement agent. 25 investor orders were executed.
B&N Bank exchange-traded bonds in the amount of RUB 124 billion are currently in circulation.