TGC-1 sets an interest rate for the second coupon payment on series 03 bonds

22.06.2012

On June 21, 2012, TGC-1 set an interest rate of 7.6 % per annum, or 37 rubles 90 kopecks per bond, on its series 03 bonds.

In keeping with the resolution authorizing the issue of bonds, the interest rate was determined by adding 1.5 per cent to the inflation rate. According to the Federal State Statistics Service data, the official value of the Consumer Price Index was 106.1% as of the end of December 31, 2011.

The rate for the first coupon payment to be made to bond holders on June 26, 2012 was set to 10.3% per annum, or 51 rubles 36 kopecks per bond.

 

For reference:

Series 03 bond issue (state registration number 4-03-03388-D) was registered by the Federal Financial Markets Service on December 08, 2011. In total, 2 million bonds were issued with a face value of 1,000 rubles each.

The bonds were placed on December 27, 2011. Series 03 bonds are included into the quotation list “A” of the first level.

CJSC IC Lider was the manger of the bond issue. The bonds mature in 10 years.