B&N Bank pays eighth coupon on its series BO-02 exchange-traded bonds in the amount of more than RUB 1 billion
B&N Bank has paid the coupon on its series BO-02 exchange-traded bonds (issue identification number 4B020202562B, registered on 7 November 2011), paying interest for the eighth coupon period of RUB 1,436 million (equating to RUB 60.49 per bond).
The issue of B&N Bank’s series BO-02 exchange-traded bonds took place on 24 September 2013 with an initial 3-year tenor, which was subsequently extended to 12 years. The total issue volume including additional issues amounts to RUB 24 billion. The issue has 24 6-month coupon periods. The interest rate for the ninth and tenth coupon periods has been set at 12.00% per annum.