OREANDA-NEWS. February 12, 2010. Russian Agricultural Bank issued its senior bonds Series 10 and Series 11, correspondently. Both issues are of RUR 5 billion with ten-year maturity. Coupons were set at 9%; this is 9.2% yield to 3 year put. Investors’ demand for bonds exceeded RUR 40.7 billion. Totally, 103 investors’ orders were placed. Bonds are included in the quotation list of the MICEX Stock Exchange, reported the press-centre of Russian Agricultural Bank.

Issues were placed in the format of book-building; placement agent - Bank VTB.

The Notes were issued to provide funding for Russian Agricultural Bank’s operations, including lending for the implementation of the ongoing State Program on Agribusiness Development 2008-2012.