OREANDA-NEWS. August 07, 2014. According to resolution of CBR Board of Directors B&N Bank’s BO-04 exchange bonds were included in the Lombard List of the Bank of Russia (identification number 4B020402562B as of December 25, 2013).

This fact is an evidence of the issuer’s high credit quality.

Early in 2014 B&N Bank placed 6-year BO-04 exchange bonds of RUB 2 billion at the nominal value of RUB 1,000 per each bond.  The issue provides for 12 coupon periods payable on a semi-annual basis and a put option in 12 months after the date of placement. 

Currently B&N Bank has three outstanding ECP issues of 05, 06 and 07 series for the total amount of USD94 million and four domestic issues of BO-01, BO-02, BO-03 and BO-04 series for the total amount of RUB 10 billion.