International Investment Bank pays back its largest RON issue to Romanian investors

November 7, 2022

On November 1, 2022 IIB redeemed RON 500 mln bonds with the coupon of 3,98 % p.a. for investors. This debt instrument was the largest in volume ever in RON denomination, in raw the fifth issued in 2019 in domestic format under the Romanian law, approved by local Supervision, and listed on the Bucharest Stock Exchange. Apart from above five bond issues, IIB placed five more series in RON denomination under its MTN Programme, showing high recognition of the Bank among Romanian institutional… Read more

International Investment Bank fulfills its obligations towards Hungarian investors

October 18, 2022

On October 18, 2022 IIB redeemed the outstanding part of IIB2022/II HUF bonds. This debt instrument was issued under the Hungarian law, approved by the National Bank of Hungary and listed on the Budapest Stock Exchange with ISIN HU0000359245, in a total amount of HUF 10,84 bn and with the coupon of 1,25% for its holders. “In current challenging global economic environment the Bank is determined to continue carrying out its mission as a multilateral development institution and to duly… Read more

IIB partially buys-back HUF bonds due on October 18th , 2022

May 11, 2022

Given the challenging and hardly predictable market and geopolitical environment, IIB is conducting an active and responsible liability management policy smoothening the forthcoming redemptions peak later this year. Following the interest expressed by investors during the last few weeks, as well as taking into account lack of the secondary market activity, IIB had offered its investors the opportunity to exit, showing a price of 95% of face value (94,29% since there was no payment of accrued… Read more

IIB kicks off 2022 funding year with two strong transactions

January 19, 2022

On January 18, 2022, IIB kicked off the execution of its funding plan, with two very successful RON and CZK transactions traded under the Bank’s MTN Programme. For the first time, two trades were executed in the same day, despite the challenging market context, taking the opportunity of a favorable market window to close both transactions at tightest spreads for respective maturities and currencies. The Romanian Lei 3-year deal, which was arranged by UniCredit AG and executed at lowest spread… Read more

IIB marks seven years of successful issuances in Romanian Lei with new transaction

October 14, 2021

On 12th October 2021, IIB traded altogether its ninth deal in Romanian Lei. Since 2015, the Bank had been annually returning to the RON market, obtaining a frequent issuer status. The 2-yr RON 200 mln transaction (EUR 40 mln equivalent) organized by IIB’s long-standing partner UniCredit has been successfully concluded despite the elevated volatility on the RON bond market Both local investors and offshore investors bought the deal while the split by investor type reflects asset managers,… Read more

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