JSB «ORGRESBANK» has successfully finished the placement of the first bonds issue on Moscow Interbank Currency Exchange (MICEX)

09.02.2006

JSB «ORGRESBANK» has successfully finished the placement of the first bonds issue on Moscow Interbank Currency Exchange (MICEX)

On February 8, 2006 JSB “ORGRESBANK” has successfully placed its first bonds issue on MICEX for the amount of RUB 500 mln. The bonds placement was carried out in the form of auction in order to set the rate of the first coupon. In the course of the auction there were placed 52 bids with the coupon rates ranging from 9 % to 10,55 %. The value of the demand exceeded RUB 700 mln.

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