MOSCOW, October 27 (RIA Novosti) - The Moscow Interbank Currency Exchange (MICEX) said Friday it has started trading in a second issue of Petrocommerts bank bonds.
It said the issue, worth 3 billion rubles ($110 million), comprises 3 million bearer bonds with a face value of 1,000 rubles ($37), and an August 31, 2009 maturity.
The bonds have six half-year coupons with an interest rate of 8.5% p.a.
Petrocommerts is among Russia's top 30 banks by assets, at 72.8 billion rubles ($2.7 billion) as of October 1, 2005.
