The Bank of Russia registered SKB-Bank’s report on the results of its 1,000,000,000-ruble issue of certified interest-bearing inconvertible and irredeemable bonds (series 01). These bonds will have to be circulated and retired in compliance with the terms declared at the moment of the bond issue.

The issue itself took place on June 21, 2007; the bonds are to remain in circulation for three years, with the first coupon annual interest rate coming to 9.75%, SKB-Bank’s press officer reports.