OREANDA-NEWS. September 23, 2010.The Tinkoff Credit Systems bank (TCS) has determined the first coupon rate on its series 01 RUB 1.6 bn commercial bond issue at 14.22%. Coupons 2-6 have been set at the same level. The bond, which matures in 3 years, was placed at 91.55% of the RUB 1000 par value.

The size of each coupon is therefore RUB 70.91 per each security. The coupon rates were defined by book building. Books were open September 22 from 10 to 11 am MSK. The placement agent is Troika Dialog. Commercial floatation is due September 24 on the MICEX.