MOSCOW, October 25 (RIA Novosti) - Gazprombank said Wednesday it plans to issue mortgage bonds totaling about 3 billion rubles ($120 mln) in early December.
A bank spokesman said the bonds, with 30-year maturities, will be placed at or near par value.
Gazprombank, a subsidiary of Russia's energy giant Gazprom [RTS: GAZP], was the third largest Russian bank in terms of assets as of October 1, 2006, with 738.7 billion rubles or $27.3 bln.
