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Rostelecom and Alfa-Bank issue CFAs worth 750 million rubles

Rostelecom and Alfa-Bank issue CFAs worth 750 million rubles

Alfa-Bank’s A-Token platform conducted the issuance of Rostelecom’s digital financial assets (CFAs) for corporate and private investors. 

The tokens, issued as a monetary claim of 750 million rubles, have a 90-day term and a fixed 9% annual yield.

Investors in the placement included major commercial banks, corporate entities, and individuals.

Earlier in February, Alfa-Bank carried out a test issue of CFAs backed by monetary rights for a pilot group of private investors worth 10 million rubles. 

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