EBRD homepage
About the EBRD
News & events
Publications
Countries & topics
Projects
Apply for financing
Environment
Capital markets
 
About the Treasury

Funding

Local currency issuance

Bonds issued

Investor information
Working together
 

 

Rouble bond issue

Related links
Treasury homepage

In May 2005, EBRD launched an inaugural 5 billion Russian Rouble (equivalent to €140 million) floating-rate issue, breaking new ground as the first placed in Russia by an international financial institution. The bond issue is being launched under local regulations and is destined for domestic investors.

The issue's floating-rate coupon is linked to the recently created Moscow Prime Offered Rate, a new money-market index launched under the auspices of Russia’s National Currency Association (NCA). This index is designed to serve as a transparent benchmark for top-rated financial institutions wanting to raise funding in roubles. Application will be made for the prospectus of the issue to be registered with the Federal Financial Markets Service (FFMS).

The EBRD’s decision to issue the bond was registered by the FFMS on May 13. Upon registration of the prospectus, the EBRD will apply for its bonds to be listed and traded on the government bond section of the Moscow Interbank Currency Exchange (MICEX) and for the Central Bank of the Russian Federation to include them in its Lombard list. Inclusion in this list would allow EBRD bonds to be used by bank investors for repo transactions with the Central Bank.

Terms and Conditions  (0.1Mb)
Условия Выпуска  (0.2Mb)

Решение о выпуске ценных бумаг  (0.7Mb)

Notification of placement completion date  (0.1Mb)
Сообщение о дате окончания размещения облигаций  (0.1Mb)

Announcement about state registration of the Issue Prospectus  (0.1Mb)
Сообщение о регистрации проспекта ценных бумаг и порядке доступа к информации  (0.2Mb)

Проспект ценных бумаг  (11.2Mb)

Notice to readers
Nothing in this site or any materials shall be construed, implicitly or explicitly as containing any investment recommendation or advice, and constituting an offer of, or an invitation by or on behalf of, EBRD to purchase or sell any securities.



Terms and conditions Sitemap Feedback