Small and medium-sized businesses will be reimbursed for the costs of stock and bond listing
The Ministry of Economic Development has opened applications from representatives of small and medium-sized businesses to compensate for the costs of the issue of shares and bonds and the payment of coupon income on bonds under the second selection of 2021.
"The result of providing a subsidy for placement is the amount of funds raised by the issuer through the placement of shares or bonds on the stock exchange, per ruble of the granted amount of subsidy," the agency explained.
The result of subsidies on interest (coupon) payments is the amount of costs actually incurred by the issuer to pay interest (coupon) income on the bond issue placed on the stock exchange per one ruble of subsidy granted.
Documents for compensations may be submitted from September 1 to October 1, 2021 inclusive. The results will be published on the Ministry's website on 15 November 2021.
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Author: Karina Kamalova