FX / eurobonds · RU000A10ECW0

Poliplast AO P02-BO-15

RU000A10ECW0 · the issuer's yield curve

Fixed

23.99%

yield to maturity

Price 80.49% 81 CNY with accrued interest

Coupon 12.25% 12×/yr

Maturity 08.08.2029 term 2.8 y

Duration 2.3 y price −1.8% per +1 pp of rate

Premium over replacement bonds +1714 bp OFZ in CNY

Credit risk A(RU) ACRA · low

Price and premium over OFZhow the bond has traded and how much it pays over OFZ

Bond price, % of par

Incomewhat your investment will earn and when payments arrive

Yield calculator

Investment amount, CNY Or quantity, units Broker fee, % Purchase price, % Yield to maturity, % Premium over replacement bonds, bp

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Effective YTM under the MOEX convention (ACT/365). The fair price discounts the cash flows at the yield of a comparable credit class (a reference point).

Cash flows

Date	Coupon, CNY	Principal, CNY	Total, CNY

Coupon payments and principal repayment by date for one bond. On the chart, each bar is a year's total: the coupon is paid 12 times a year, and the bar adds up all of that year's payments.

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

Credit risk Low issuer rating A · ACRA

Default probability ≈ 0.15% per year, by issuer rating

Issuer debt on the exchange 49.97 bn ₽ 7 issues, plus 10 in foreign currency

Due within a year 63% of exchange debt, maturities and puts

Cost of rouble debt 21.68% market 58.52%

Issuer debt maturities by year

20261.0 bn

202735.6 bn

20286.3 bn

20297.0 bn

in roublesin FX, at the Bank of Russia rate

Issues with a put are assigned to the put date rather than to maturity. All of the issuer's bonds are in the section “Issuer curve”.

Risk-adjusted yield

23.87%

without the adjustment — 23.99%: expected default losses reduce the yield by 12 bp (1 bp = 0.01 pp)

The probability of default is 0.15% a year: the historical average for this rating. In a default, holders recover 30% of face value on average.

What the spread over replacement bonds is made of

Expected loss 12 bp Exit cost 10 bp Risk premium 1692 bp

Peersthe issuer's other bonds and similar bonds of other issuers

Issuer curve

3 issues. This bond is cheaper than its own curve (yield higher by 1350 bp: an issue premium)

duration, years → ● this bond · yield, % ↑

Similar issues

Other issuers' bonds with a fixed coupon, close in maturity and rating

IPJSC UC RUSAL BO-001P-17

Compare with another bond

Whether to swap Poliplast AO P02-BO-15 for another issue - we compare yield (including after tax), credit risk, duration and liquidity

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Poliplast AO P02-BO-15 and peers: yield × term

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Historywhat the bond returned in the past

Issue parametersterms, buying now, yields and spreads

Terms

Coupon12.25% a year · 12 payments/yr

Coupon, CNY1.01

Par100 CNY

Maturity08.08.2029 · 2.8 y

Issue

Listing level3

Issue size45.0 mn CNY

Lot1 units

Buying now

Order book80.01 / 80.48%spread 0.471% (≈20 bp of yield)

Cost of entry≈ 293 ₽ per 100,000 ₽ · quote 27.10 20:00

Accrued interest, CNY0.1683 as of 28.10.2026

Average daily turnover1.0 mn ₽

Trades today147 · turnover 667.7 k ₽

Yields

Current yield15.22%

Simple yield23.94%

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).