The EDB places bonds worth RUB 10 billion

28 May 2020

Moscow, 28 May 2020. The Eurasian Development Bank (EDB) has successfully placed its Series 001P-07 bonds for a total of RUB 10 billion on Moscow Exchange.

The order book was built on 20 May 2020. The investors include Russian public and private banks, management companies, and individuals. During the book-building process, the first coupon rate was lowered twice to 5.90% per annum, which is 18 basis points below the originally marketed benchmark of 6.08% per annum. The yield to maturity in four years is 6.03% per annum.

The arrangers of the issue are the Region Broker Company and the Credit Bank of Moscow.

The funds raised through the offering will finance the EDB’s general corporate purposes such as new projects.

Additional Information:

The Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. The EDB's charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.

The EDB Media Centre:

Alexander Savelyev +7 (985) 765 23 59 (Moscow)

Azima Sapargaliyeva +7 (777) 750 00 08 (Almaty)

Sergey Gorbachev +7 (916) 727 22 00 (Moscow)

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