Troika Dialog issues capital protected notes in Russia

Bondholders receive a profit on rises in the US dollar-denominated RTS index, the benchmark Russian stock index, "multiplied by a dependence coefficient determined by the issuer on the basis of marketing results for the product", states Troika in a release. The issuer fixed the dependence coefficient for the bonds at 45% on June 16. "In case of a drop in the RTS index, bondholders will receive the bond nominal upon redemption plus a minimal fixed coupon of 0.01%."

Three hundred and 26 investors c

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