OREANDA-NEWS. November 23, 2009. The Bank of Russia has registered series 05 and 06 bond issues of TransCreditBank. The issues have been assigned state registration numbers 40502142B and 40602142B respectively.

The nominal volume of series 05 issue is RUR 3 bn, series 06 – RUR 4 bn. The nominal value of one bond of each issue is RUR 1000. The tenor of series 05 bond is 3 years, series 06 bond - 4 years. The bonds will be placed by open subscription on the MICEX stock exchange. The date of placement will be determined by the bank depending on the need for financial resources and the conditions on debt capital markets.

As previously reported, the decision to place the bonds was adopted by JSC TransCreditBank’s Board of Directors on October 7th 2009.