Bank's first RUB deal

“This issue further diversifies NIB’s investor base. The Russian rouble Eurobond market is expected to evolve rapidly since Clearstream confirmed the Russian rouble as a settlement currency as of 15 January 2007. NIB is also set to going more actively into lending in this currency in the future,” Kari Kukka, Senior Vice-President and Head of Funding at NIB, comments on the new deal.

The issue’s sole lead manager is RBC Capital Markets. The issue is listed in London, and the pay day is set on 15 February.