Encyclopedia
Tranche
Tranche - a portion of securities of this issuance, issued within the scope of this issuance on any date during the circulation period of these securities, not coinciding with the date of the first placement. The placement of tranches of one issuance is carried out based on documents regulating the placement of this issuance in accordance with this Federal Law
Source: Federal Law No. 136-FZ dated July 29, 1998 (as amended on June 14, 2012) "On the Specifics of the Emission and Circulation of Government and Municipal Securities"