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Published on 2/28/2011 in the Prospect News Emerging Markets Daily.

Fitch rates OTP Bank bond BB

Fitch Ratings said it assigned an expected long-term rating of BB and national long-term rating of AA-(rus) to OJSC OTP Bank's RUB 2.5 billion senior unsecured bond issue series-02 with a tenor of three years.

The bank has a long-term issuer default rating of BB and a negative view, the agency said.


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