Corporate · RU000A106K35
AVTOBAN-Finance B0-P04
RU000A106K35
1.21%
yield to worst (YTW)
Price
103.24%
1 036 ₽ with accrued interest
Coupon
15.00%
4×/yr
Put/call
22.01.2027
1.7 y to maturity
Duration
0.2 y
price −0.2% per +1 pp of rate
Daily turnover
24.1 k ₽
30-day average
Credit risk
ruA+
Expert RA · low
Price and yieldhow the bond has traded
Bond price, % of par
Incomewhat your investment will earn and when payments arrive
Yield calculator
Bonds for the amount—
Purchase price per unit (with accrued interest)—
Investment amount—
Fee—
Coupon income to the put—
Principal repayment (put)—
Total profit—
Fair price
—
—
—
—
If rates change: duration, convexity, stress
Current yield—
Duration (Macaulay)—
Modified duration—
Convexity—
PVBP, ₽—
Price at ±1 pp—
Stress on the rate
bp yield
Price, %—
Change—
Position P&L—
—
Effective YTM under the MOEX convention (ACT/365). The calculation runs to the put (22.01.2027) - redemption at par on the put date; coupons after the put have not been announced yet. The fair price discounts the cash flows at the yield of a comparable credit class (a reference point).
Cash flows
| Date | Coupon, ₽ | Principal, ₽ | Total, ₽ |
|---|
Coupon payments and principal repayment by date for one bond. On the chart, coupons use the left axis and face value the right one. Coupons from 20.04.2027 have not been announced and are shown at the current rate as a forecast.
A bond or a deposit?
This bond
1.2%
the rate is fixed for 0.2 y
Deposit
13.1%
top-10 banks, decade 2 of October 2026
Liquidity fund
13.6%
floats with the CBR key rate
Right now a deposit and the liquidity fund pay more. But the bond's coupon is fixed until the put date, 22.01.2027, while deposit and fund rates are revised after the key rate.
A pre-tax comparison. Bond coupons are taxed at 13% personal income tax — see the “After-tax yield” row in the bond parameters (≈ -0.8%). Deposit interest is taxed above a tax-free allowance; a liquidity fund qualifies for the long-term holding relief after 3 years.
Issuer credit qualitycredit risk and the issuer's debt on the exchange
Credit risk
Low
issuer rating A+ · Expert RA
Default probability≈ 0.10% a year
Risk-adjusted yield1.14% −7 bp
Issuer debt on the exchange38.5 bn ₽ 7 issues
Due within a year39%
Cost of debt16.46% market 14.01%
Issuer debt maturities by year
20265.0 bn
202720.0 bn
20288.5 bn
20295.0 bn
Issues with a put are assigned to the put date rather than to maturity.
Peerssimilar bonds of other issuers
Similar issues
Other issuers' bonds with a fixed coupon, close in maturity and rating
Element Leasing BO 001P-08
matures 04.2027 · A
17.08%
SUEK-Finance 001P-05R
matures 01.2030 · A-
17.61%
INTERLISING 001P-08
matures 04.2027 · A
17.14%
Binnopharm Group 001P-06
matures 06.2028 · A
18.66%
O'KEY LLC BO 001P-08
matures 07.2028 · A-
17.93%
Setl-Grupp BO 002P-06
matures 06.2029 · A-
19.30%
Historywhat the bond returned in the past
Issue parametersterms, buying now, yields and spreads
Terms
Coupon15.00% a year · 4 payments/yr
Coupon, ₽37.40
Par1 000 ₽
Maturity18.07.2028 · 1.7 y
Put/call22.01.2027
Issue
Listing level2
Issue size5 bn ₽
Lot1 units
Buying now
Order book103.82 / 113.28% no market: the sides are 9.5% of par apart
Accrued interest, ₽3.28 as of 28.10.2026
Trades today2 · turnover 2.5 k ₽
Yields
Current yield14.53%
Simple yield1.21%
Yield to maturity if the 15.00% rate holds13.51%
After-tax yield-0.85% / -1.16% at 15%
Spreads and valuation
Spreadsnot shown
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).