April 4, 2018 / 8:07 AM / 23 days ago

Russian Agriculture Bank plans perpetual rouble bond issue

MOSCOW, April 4 (Reuters) - Russian state bank Russian Agriculture Bank plans to issue perpetual subordinated bonds, the bank, also known as Rosselkholzbank, said in a statement on Wednesday.

It is expecting to set the coupon at around 9 percent to 9.25 percent, with semi-annual payments, and will issue the bonds after collecting bids on April 25, the statement said. (Writing by Polina Ivanova Editing by Katya Golubkova)

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