News by tag: Bonds

Investors in IIB’s Slovak bonds receive their first coupon payment

Investors in IIB’s Slovak bonds receive their first coupon payment

Today, the IIB paid out the first coupon on its 5-year bonds issued on the Bratislava Stock Exchange in October last year, when they spurred demand among investors from Slovakia, Czech Republic, Bulgaria and Russia. The interest payment, in line with the annual rate of 3.5%, amounted to EUR 1.05 million. Tatra banka a.s., the initial lead manager of the issue, was the paying agent. All funds, raised during the first bond placement outside of the country of IIB’s headquarters, were used to…  Read more
Romanian investors express major interest in IIB, spurring demand for RON 111 million worth of bonds in IIB’s first local currency issue outside of the country of its headquarters

Romanian investors express major interest in IIB, spurring demand for RON 111 million worth of bonds in IIB’s first local currency issue outside of the country of its headquarters

The International Investment Bank placed RON 111 million (approx. EUR 25 million) of 3-year bonds on the Bucharest Stock Exchange. The interest rate of the issue, organised by BT Securities S. A., a subsidiary of Banca Transilvania S. A., was set at 4.1%. The fully domestic issue attracted demand from Romanian pension and investment funds, as well as investment and insurance companies. Investors rallied after a roadshow organised in Bucharest…  Read more
IIB fulfilled its obligations on buyback of bonds of series 03

IIB fulfilled its obligations on buyback of bonds of series 03

The International Investment Bank fulfilled its obligations on buyback of bonds, the so-called «mibovki», of series 03. The bonds were repurchased at 100% of their nominal value. The total quantity of the bought-back securities is 2 310 000. The obligation is carried out in full and at due date. The bonds of series 03 were issued on December 2, 2014 in the amount of RUB 4 billion; nominal is RUB…  Read more
IIB continues to grow, having closed order book for ruble bonds in the total amount of RUB 3 billion

IIB continues to grow, having closed order book for ruble bonds in the total amount of RUB 3 billion

On April 29, 2015, the IIB successfully issued series 02 bonds in the total amount of RUB 3 billion. This has already been the fourth placement of IIB’s bonds, also known as «mibovki» in Russia, on Russian and European markets in a year’s time. Therefore, the Bank has now issued almost EUR 200 million of bonds. The IIB continues to implement its strategy of borrowing on its member states' local debt capital…  Read more
International Investment Bank issued ruble bonds

International Investment Bank issued ruble bonds

On December 2, 2014, the International Investment Bank placed its second ruble bond issue of series 03 in the amount of RUB 4 billion with a put option on June 2, 2015. There were 13 bids received from investors. The total demand for IIB’s bonds amounted to RUB 4.74 billion, the oversubscription of the issue represented almost 20%. The coupon rate has been set at 12.25% per annum, with the bids ranging from 12% to 12.40%. Marketing…  Read more