DOM.RF and DOM.RF Bank completed allocation of mortgage bonds launched in the volume of 14bn rub., as it was informed by the company.
This is the first issue of mortgage bonds backed by the mortgage portfolio of DOM.RF Bank. The coupon rate is fixed at 5.85%.
The bonds were offered to a wide range of investors. The final book contains about 680 bids from major institutional investors, non-state pension funds, management companies, banks, investment and insurance companies, as well as individuals.
The bonds are included into the first level of the MOEX's listing. The issue was arranged by DOM.RF Bank.
Within the DOM.RF bond program started in 2016, 23 bond issues in the total volume of 660bn rub. were allocated. The mortgage bonds backed by DOM.RF cover 2% of the total Russian bonds market.
The development of the mortgage bond market is one of the main targets of DOM.RF and one of the key instruments to solve the tasks stipulated in the presidential decree of 21.07.2020 On national development of the Russian Federation till 2030 and in the national project On housing and urban environment.
DOM.RF is a credit institution formed in 1997 due to the governmental decree to provide support to the realization of the state housing policy
