Russian Issuer Switches Currencies Of Class A-1 Notes

26 Jan 2010

Gazprombank in February plans to switch the currency in which the senior class of its Gazprombank Mortgage Funding Two is denominated, changing from euros to rubles, a first for Europe.

-- Daniel O’Leary

Gazprombank in February plans to switch the currency in which the senior class of its Gazprombank Mortgage Funding Two is denominated, changing from euros to rubles, a first for Europe. Gazprombank’s reasons for the change could not be determined. A Gazprombank official did not return phone ...

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