VTB Bank takes first plunge into ECP

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VTB Bank takes first plunge into ECP

September 27, 2012 12:00 AM

VTB Bank has become the latest Russian issuer to debut in euro commercial paper this year after it printed a $125m one year clip on Wednesday. The zero coupon paper yields 2.2% and was the first from VTB Bank since it launched its $2bn ECP programme in July.

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