Local bond issues in Russia
The EDB has developed and registered bond programs in the Russian Federation and the Republic of Kazakhstan.
In 2009, the EDB registered four issues of Series 01-04 non-convertible interest-bearing bonds as part of its work in the national debt capital markets of the Russian Federation. These issues were registered with the FFMS of Russia in accordance with the legislation of the Russian Federation and the norms applicable to international financial organizations. The aggregate volume of the issues amounted to RUB 20 billion.
In August 2012 (in addition to previously registered and placed bond issues in the Russian Federation), FFMS of the Russian Federation registered seven issues of non-convertible interest-bearing bonds of Series 05-11 EDB. These issues were listed on the Moscow Exchange. At present, the nominal volume of valid issues under them amounts to RUB 5 billion.
In June 2018, the EDB registered a perpetual exchange-traded bond program. The maximum nominal amount of exchange-traded bonds that may be placed under the program is RUB 200 billion inclusive or the equivalent of this amount in another currency. Currently, 2 issues of exchange-traded bonds with a total nominal amount of RUB 17 billion are outstanding under this program.
In July 2022, the EDB registered a third bond program. The maximum nominal amount of bonds that may be placed under the program is one trillion Russian rubles inclusive or the equivalent of this amount in another currency. Currently, six issues of bonds denominated in rubles with a total nominal value of 54 billion rubles, two issues of bonds denominated in US dollars with a nominal value of 950 million US dollars and one issue of bonds denominated in Chinese yuan with a nominal value of 1.9 billion yuan are in circulation under this program.