VEB.RF issued short-term bonds in an additional placement to companies and corporations on 06 March 2019.
The Bank raised 13.8 billion roubles from bonds with a maturity of 14 days and a coupon of 7.59% p.a.
The par value of one bond is 1,000 roubles. The bonds were sold at 100% of their par value. The coupon is payable at maturity.
The arrangers of the bond issue are Gazprombank and Svyaz-Bank.
The bonds are on the Moscow Exchange’s Quotation List Level 1. The depository is National Settlement Depository.
Aleksey Sorokin Meets with Heads of Magadan Region and Khabarovsk Territory to Discuss Integrated Urban Development
In late February, Deputy Chairman of VEB.RF Aleksey Sorokin met with Head of the Magadan Region Sergey Nosov to discuss joint efforts in developing residential areas of the region. Building new, more comfortable houses and encouraging people to move to regional centres can be a solution. These measures will also help to optimize utility expenses. The effective improvement of specific residential areas was exemplified in the case of the town of Susuman. VEB.RF, together with its colleagues from DOM.RF, is currently working on a master plan for Magadan. The work was started as instructed by Russian Prime Minister Dmitry Medvedev.
Early in March, Aleksey Sorokin discussed promising projects to develop the urban environment with Khabarovsk Territory Governor Sergey Furgal. Apart from the projects in which VEB.RF is already involved, the meeting also focused on cooperation in environmental protection (municipal solid waste sorting), heat power engineering (conversion of boiler stations from fuel oil and diesel oil to coal), electricity and water supply for residential areas, and on the promotion of natural gas-powered municipal transport.