Under its Bond Offer Programme No 3, JSC Baltic International Bank will issue bond series.
After the primary placement, it is planned to admit the bonds to the regulated market. The bonds will be quoted on the Nasdaq Baltic Bond List by Nasdaq Riga.
The goal of the Bank's Bonds issue is to provide to the Bank's customers an modern financial product which is a more rewarding and flexible alternative to deposits. It is an option to diversify one's investment portfolio and get involved in the Bank's development.
Bonds offer series features:
USD 2 000 000 (01/03 BIB 2.1% 21/06/18 USD)
Total size of the Bonds issue | USD 2 000 000 |
Nominal value of a Bond | USD 1 000 |
Type and size of interest rate | Fixed: 2.10 % |
Interest Income period | 6 months |
Price at primary placement | 100% |
Issue date | 21 June 2016 |
Bonds maturity date | 21 June 2018 (2 years) |
The bond issue (01/03 BIB 2.1% 21/06/18 USD) will open for subscription on 16 June 2016 and close on 17 June 2016.
Teika Lapsa
Head of Corporate Communication
Tel.: (+371) 6 7000 444
E-mail: teika.lapsa@bib.eu