UBRD BO-1 Bonds Get on Lombard List

22 November 2012 (10:35)

November 22, 2012. The Ural Bank for Reconstruction & Development’s BO-1 stock bonds were placed on the Central Bank’s Lombard list, which means that the bondholders can benefit not only from the profit guaranteed by the issuer but also from the Bank of Russia’s refinancing options, the bank’s press officer reports.

‘The fact that our bonds were placed on the Lombard list signifies the UBRD’s great dependability as an issuer. This will definitely make our securities more appealing to the potential investors,’ says Head of Financial Institutions and Investment Services Department Vladimir Zotov.

The decision to place the UBRD bonds on the Lombard list was taken by the Central Bank of Russia’s BOD on November 9; it will come into effect on November 21, after being published in the Vestnik Banka Rossiyi.

As a matter of fact, the UBRD 2nd issue bonds were also placed on the Central Bank’s list.

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