Support The Moscow Times!

VTB Places $317M Bond

VTB raised 400 million Singapore dollars ($316.7 million) via a three-year Eurobond, a banking source said Friday.

The source said that the yield was at 4 percent, in line with initial guidance.

Last year, the state-controlled lender sold 300 million Singapore dollars in a three-year Eurobond at 3.4 percent. VTB first tapped the Singapore market in 2010, selling a two-year bond worth 400 million Singapore dollars with a 4.2 percent yield. The bank also has debt in Chinese yuan, Swiss francs, U.S. dollars, euros and rubles.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.