![Successful return of the IIB on Russian debt market](https://res.cloudinary.com/iibbank/image/upload/fl_progressive,w_400,c_limit/publications/XWT4U6q2ChB2UuIqj1PI2ng6jkmmxmIhYiC.jpg)
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