OREANDA-NEWS. December 07, 2009. Sviaz-Bank acted as paying agent authorized to pay interest on the fourth coupon and redeem 50% of the par value of Series 34002 bonds issued by the Government of Penza Region, reported the press-centre of Sviaz-Bank.

The bondholders were paid coupon interest at a rate of 9.8% per annum, or 49 rubles 40 kopecks per bond, and 50% of the par value of their securities. The total amount paid ran up to 549,400,000 rubles 00kopecks.

Penza Region’s Government floated its Series 34002 bonds on November 27, 2007, to raise 1 billion rubles. The bonds have a maturity of three years. Sviaz-Bank acted as the managing underwriter of the issue.