News by tag: Bonds

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
International Investment Bank paid the first coupon

International Investment Bank paid the first coupon

International Investment Bank paid the first coupon, series 01 on 28.10.2014. The total amount of the paid coupon yield was 98 720 000 rubles. The rate of 1st coupon is 9, 90% per annum that corresponds to 49, 36 rubles on 1 bond. The obligation on payment of 1 coupon is fulfilled in full in due time. Bonds of series 01 were placed by the Bank on April 29, 2014, issuing volume — 2 billion rubles.  Read more
International Investment Bank has successfully tapped the Slovak domestic market with a debut international bond issue in the amount of EUR 30 million

International Investment Bank has successfully tapped the Slovak domestic market with a debut international bond issue in the amount of EUR 30 million

On October 14, 2014, the International Investment Bank, rated «A3» by Moody’s (Stable) and «BBB-" by Fitch (Negative), successfully issued a 5-year bond targeted at professional and institutional clients. Tatra banka (member of Raiffeisen Bank International Group) was the sole lead manager for this bond transaction. The EUR 30 million bond offering is priced at par with a 3.50% fixed coupon and matures on Octobe…  Read more
International Investment Bank placed ruble bonds

International Investment Bank placed ruble bonds

April 24, 2014. The International Investment Bank announced the closure of the bid book of the debut bonds, series 01 in the amount of RUR 2 bln. The market demand on IIB’s bonds more than three times exceeded the amount of the emission. In the course of marketing 25 bids of the investors were placed under the coupon rate 9.75% - 10.25% per annum. Subscription for the bonds totaled RUR 6.3 bln. Based on the book-building the first…  Read more