Sberbank CIB News

Sberbank organises placement of series BO-06P exchange-traded bonds of Russian Agricultural Bank JSC worth RUB 13 bln


Sberbank CIB1, the corporate and investment banking business of Sberbank, announces that on 9 October 2018, the order book was closed for Russian Agricultural Bank JSC’s series BO-06P exchange-traded non-convertible interest-bearing certificated bonds under the programme of exchange-traded bond series 001P worth RUB 13 bln.

The bonds mature in 4 years, and the nominal value of one bond is RUB 1,000. They were placed at 100% of the nominal. The bonds have a coupon period of six months, and the issue does not have a put offer.

The initial guidance for the first coupon was set at a range of 9.00%-9.30% per annum, which corresponds to a yield to put of 9.20%-9.52% per annum. During book building the guidance was lowered twice, reaching 9.00%-9.15% per annum, which corresponds to a yield of 9.20%-9.36% per annum, and 9.00% per annum, which corresponds to a yield of 9.20%.

Based on the results of book building, the first coupon was set at 9.00% per annum, which corresponds to a yield of 9.20% per annum.

The technical placement of the issue is planned for 19 October 2018 on the MICEX Stock Exchange. The depositary is the National Settlement Depository (NSD). The issue meets the requirements for investment of pension savings and insurance funds.

The placement was organised by Region BK, Russian Agricultural Bank, Sberbank CIB, and Credit Bank of Moscow.

Sberbank is Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 145 million customers in 22 countries. Sberbank has the largest distribution network in Russia with almost 15,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, India, China, Turkey and other countries.

The Bank holds the general banking license No.1481 issued by the Bank of Russia. Official websites of the Bank: (Sberbank Group website),

Sberbank CIB

Sberbank CIB is the corporate and investment banking business of Sberbank. Its key areas of activity are corporate finance (including trade finance), the documentary business2, investment banking services, trade operations with securities, and private equity. Sberbank’s corporate and investment banking business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.

1 On the basis of JSC “Sberbank CIB” and Sberbank.
2 Banking products and services provided by Sberbank.