FX / eurobonds · RU000A102QM1

Bank VTB SUB-T1-3

RU000A102QM1

Floater Subordinated Perpetual

—

perpetual issue with no call date: no yield to maturity is computed

Price 57.50% 89 127 USD with accrued interest

Coupon 8.14% the issuer sets the rate

Maturity — perpetual

Duration — coupon is reset

Daily turnover 348.7 k ₽ 30-day average

Credit risk no rating no data

Price and spread over the ratehow the bond traded and how much it pays over the base rate

Bond price, % of par

Incomewhat your investment will earn and when payments arrive

Yield calculator

No yield can be derived for this bond — the price is not a market one (a deep discount/distress or a stale quote). The calculation below uses the market price and is for reference only: the yield in it is the same artefact number that the card above does not display.

Investment amount, USD Or quantity, units Broker fee, % Purchase price, % Yield (YTM), % Discount margin, bp

Bonds for the amount—

Purchase price per unit (with accrued interest)—

Investment amount—

Fee—

Coupon income to maturity—

Principal repayment—

Total profit—

Effective YTM under the MOEX convention (ACT/365). The floater's coupons are projected under the "flat" scenario - the yield is indicative.

Floating coupon

Coupon basethe issuer sets the rate

The issuer sets the coupon rate before each period; it is not tied to the key rate or RUONIA. That is why the premium over the base and the discount margin are not calculated for this issue: there is nothing to compare with. Only the current period's rate is known - it is shown below, and the yield to maturity depends on what rates the issuer sets next.

Current coupon rate8.14%

Upcoming coupon · 01.02.20276088.27 USD (8.14%)

How the coupon is calculated. The coupon floats but the base is undefined: the rate history explains it neither by the key rate nor by RUONIA - the link is set out in the issue decision (it may be inflation, an OFZ yield for the term, or an issuer decision). Paid twice a year.

Coupon scenario Flat · Implied

Issuer credit qualitycredit risk and the issuer's debt on the exchange

Credit risk

no rating

default probability not assessed

Issuer debt on the exchange1.03 tn ₽ 191 issues

Of which in foreign currency108.85 bn ₽ 8 issues · EUR, USD

Due within a year33%

Cost of rouble debt15.97% market 18.10%

Issuer debt maturities by year

2026134.1 bn

2027208.1 bn

202815.8 bn

2029101.4 bn

203056.5 bn

2031112.5 bn

2032609.3 mn

in roublesin FX, at the Bank of Russia rate

From 2035 onwards — another 49.1 mn ₽. Issues with a put are assigned to the put date rather than to maturity.

Peerssimilar bonds of other issuers

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Bank VTB SUB-T1-3 and peers: yield × term

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Historywhat the bond returned in the past

Issue parametersterms, buying now, yields and spreads

Terms

Coupon8.14% a year · the issuer sets the rate · 2 payments/yr

Coupon, USD6088.27

Par150 000 USD

Maturity—

Issue

Listing level3

Issue size25.8 mn USD

Lot1 units

Buying now

Order book54.00 / 70.00% no market: the sides are 16.0% of par apart

Accrued interest, USD2876.87 as of 28.10.2026

Trades today0

Yields

Spreads and valuation

MOEX ISS data. Not an individual investment recommendation. Yields, spreads and the fair price are calculated from the exchange quote and are for reference: a real trade goes through at the order book price and depends on the issue's liquidity. The calculations exclude broker and exchange fees; tax is shown on a separate line and simplified (no accrued interest at purchase).