News by tag: Bonds

Successful return of the IIB on Russian debt market

Successful return of the IIB on Russian debt market

On April 27, 2017, the International Investment Bank (IIB) held a successful secondary placement of ruble bonds of 02 series, or “mibovki”, previously re-purchased under the regular put option. The volume of the secondary placement amounted to RUB 2.98 billion. Thus, the whole issue, RUB 3 billion is again in circulation. The order book opened on April 26, 2017, with the initial range of 100.0-100,45% of the nominal value, which corresponds to yields of 9.46-9,73% (the coupon rate was…  Read more
IIB offered Slovak investors bond buyback totalling EUR 30 million

IIB offered Slovak investors bond buyback totalling EUR 30 million

On November 23, 2016, the International Investment Bank (IIB) announced a buyback for its Slovak euro-denominated bonds listed in 2014 on the Bratislava Stock Exchange in the amount of EUR 30 million. While investors did not take advantage of the buyback at 102.5% of the bonds’ nominal value (or around 2.6% YTM) before the offer expired on December 2, the Bank regards the results of the settlement positively. Currently, the IIB can attract funding on debt markets at rates lower than in Octobe…  Read more
IIB paid out first coupon on its debut bond issue in Romania

IIB paid out first coupon on its debut bond issue in Romania

On October 17, 2016, the International Investment Bank (IIB) completed the payment of the first coupon on its 3-year bonds in the amount of RON 111 million (around EUR 25 million) issued on the Bucharest Stock Exchange in October 2015. It was the debut placement of IIB’s bonds in Romania, which spurred demand among local institutional investors and in December received an award from the Romanian Stockbrokers’ Association for its contribution to the development of the Romanian bond market. The…  Read more
Largest IFI bond issue placed on Bucharest Stock Exchange – IIB bonds

Largest IFI bond issue placed on Bucharest Stock Exchange – IIB bonds

With increased investor demand and more than twofold oversubscription, the International Investment Bank (IIB) successfully placed RON 300 million (more than EUR 67 million) of 3-year bonds on the Bucharest Stock Exchange on September 29, 2016. The symbolic opening ceremony of the trading session for IIB’s securities, or so-called "mibovki", was held at the stock exchange with the participation of Deputy Chairmen of the IIB Board, Denis Ivanov and Alexandru Florescu, State Secretary of the…  Read more
IIB closes the order book for bonds on the Romanian debt capital market totalling RON 300 million

IIB closes the order book for bonds on the Romanian debt capital market totalling RON 300 million

In September 2016, the International Investment Bank (IIB) once again comes to the Romanian capital market with a second bond placement. In light of increased interest from both Romanian and international investors, the IIB today closed the order book for debt securities on the Bucharest Stock Exchange. This is already the third bond issue of the Bank in the European Union and the second placement in Romania, in the national currency. The final volume of the issue has been set at RON 300…  Read more