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23.07.2007 /Investing A debut bond issue of Joint Stock Bank "Russia" worth RUR 1.5 billion is fully placed - There were 32 bids submitted by the investors with the total volume reaching RUR 2.494 billion. The proposed first coupon rate ranged from 8.60% to 9.25% p.a. and most of the bids were within 8.90% to 9.10% p.a. By the arranger's estimates foreign investors purchased 20% of bonds.

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