27.08.2025
Polymetallic Holding Group Seligdar announces the launch of Russia’s first digital financial assets (DFAs) issued by the gold mining company and pegged to the price of gold set on the Moscow Exchange. The instrument offers an annual coupon of 6%. The total offering size may reach up to 1 billion Russian roubles, with Alfa-Bank JSC acting as the placement agent.
The offering period will run from 26 August to 2 September 2025. The DFAs maturity date is set on 2 September 2026 with the coupon payment at maturity.
This innovative product provides exposure to potential appreciation in gold prices and FX movements, while delivering an interest income component. The advantages include transparent market-based pricing via the RUGOLD exchange benchmark and no bid-offer spread on buying or redemption of DFAs.