Moscow’s ELEKTRONIKA bank has announced changes in the duration of placement of the second bond loan by the bank. The bank’s placement of series 02 bonds, worth R500 million, was postponed from November 19 to December 12, 2007. The nominal value of one bond is R1,000, maturity — 3 years. Bonds have quarterly coupons and a one -year put option. Placement will be through open subscription.
Source: BANKIR.RU, November 19, 2007
