The order book was opened at 11.00 09.10.2018 with a preliminary volume of 10 billion rubles and initial marketing range of the coupon rate of 9.00 – 9.30% APR. Demand from investors has allowed to reduce the coupon rate benchmark twice: before 9,00 – 9,15% per annum to 9.00% per annum and to increase the amount up to 13 billion rubles. the Final coupon rate was 9.00% per annum, which corresponds to effective yield of 9.2% per annum and the premium to OFZ zero-coupon curve in the amount of 77 b.p.
The closure of the books showed that investors appreciate the credit quality, reliability and prospects of development of JSC "Rosselkhozbank".
The organizers of the bond issue of JSC "Russian agricultural Bank" series BO-06Р was organized by JSC "Russian agricultural Bank", LLC "BK Region" and JSC "Sberbank CIB" PJSC "CREDIT BANK of MOSCOW". The bonds will be placed on 19 October 2018 on the Moscow Exchange.
