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Published on 3/19/2010 in the Prospect News Emerging Markets Daily.

New Issue: Russia's VTB sells RUB 20 billion series 1, 2, 5 stock exchange bonds

By Devika Patel

Knoxville, Tenn., March 19 - VTB Bank said it placed RUB 20 billion of series 1, 2 and 5 domestic stock exchange bonds in an oversubscribed offering.

The 7.6% notes will mature in 2013.

VTB is a Moscow-based bank.

Issuer:VTB Bank
Issue:Series 1, 2 and 5 domestic stock exchange bonds
Amount:RUB 20 billion
Maturity:2013
Coupon:7.6%
Price:Par
Yield:7.6%
Settlement date:March 19

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