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Published on 3/26/2012 in the Prospect News Emerging Markets Daily.

Fitch rates VTB bonds BBB

Fitch Ratings said it assigned BBB long-term local-currency ratings and AAA(rus) national long-term ratings to Bank VTB JSC's two issues of senior exchange bonds, series BO-03 and BO-04.

Each issue is RUB 5 billion in size and has a maturity date of March 17, 2015, an 8% coupon and a put option in March 2014.


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