On October 26, Subkombank will collect applications for the issuance of five-year bonds in the amount of 1.4 billion rubles, secured by a portfolio of overdue consumer loans worth 7.2 billion rubles, Kommersant writes. The securities provide monthly coupons at a rate of up to 17.25% per year. This is the second such issue by the bank this year after the placement in March of one billion rubles. At the same time, other large credit organizations do not yet plan transactions with late payments due to the unpredictability of volumes and the timing of debt collection.

On October 26, Subkombank will collect applications for the issuance of five-year bonds in the amount of 1.4 billion rubles, secured by a portfolio of overdue consumer loans worth 7.2 billion rubles, Kommersant writes. The securities provide monthly coupons at a rate of up to 17.25% per year. This is the second such issue by the bank this year after the placement in March of one billion rubles. At the same time, other large credit organizations do not yet plan transactions with late payments due to the unpredictability of volumes and the timing of debt collection.