OREANDA-NEWS. May 14, 2014. Sviaz-Bank (Vnesheconombank Group) fixed the interest rate payable on the third coupon of its Series BO-02 at 9.75% per annum, or 48 rubles 48 kopecks per bond.

The Bank now has 5 million outstanding securities at a par value of 1,000 rubles each. The bonds will be retired on the expiry date three years from the offering commencement date of these exchange-traded bonds of the issue. The next buyback option will be offered on October 31, 2014.

Fitch Ratings Agency has awarded the BB long-term rating in the national currency and the AA (rus) long-term rating on the national scale to Sviaz-Bank’s Series BO-02 bonds.