SKB-Bank makes first coupon payments on ruble bonds on September 20, 2007

SKB-Bank made its first coupon payments on ruble bonds on September 20, 2007. The whole sum amounted to 24,310,000 RUR, with the coupon revenue per bond thus coming to 24.31 RUR. National Depositary Center was acting as the paying agent.

The bank went through with its first ruble bond issue on June 21, 2007; the issue was worth 1 billion RUR altogether, with the bonds liable to a three-year circulation period. The first coupon annual interest rate was declared at 9.75%, SKB-Bank’s press officer said to UrBC.


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