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Eurasian Dev Bank to issue 4 bonds for 20 bln rbls

MOSCOW, August 18 | Tue Aug 18, 2009 7:11pm IST

MOSCOW, August 18 (Reuters) - Eurasian Development Bank, an international bank founded by Russia and Kazakhstan, plans to issue 20 billion roubles ($619.6 million) worth of bonds, the bank said on Tuesday.

The Almaty-based bank, which supplies long-term financing to Eurasian states, plans to sell four 5 billion rouble bonds, all with a maturity of 7 years.

(Reporting by Yelena Fabrichaya, writing by Dmitry Sergeyev; editing by John Stonestreet)

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