VTB Bank has announced the closure of the bid book to acquire 2012 government bonds of the Belgorod Region in the form of
VTB Bank is acting as the general agent and technical underwriter for the floating of the Belgorod Region’s securities. The bid book was closed on August 9, 2012.
The Belgorod Region Department for Finance and Budget Policy set the coupon rate at 8% following market research. The cash settlement for the deal will take place on 14 August 2012 at the MICEX stock market.