OREANDA-NEWS. On May 06, 2008 AS DnB NORD Banka has started distribution of the notes issue No. 11-LV linked to several emerging markets (Russia, Brazil, and Korea). The notes distribution period will continue till 6th June (inclusive), reported the press-centre of DnB NORD Banka.

Market-indexed note is a security at whose maturity to the investor is guaranteed repayment of invested funds and additional value that depends on the growth of capital index values.

DnB NORD Banka is the only bank in Latvia that publicly offers this type of notes.

Maturity of currently distributable EUR notes is three years and the prospective increase in value depends on the growth of average capital index basket value - Russian Depositary Index (RDX) (Russia), Brazil Bovespa Stock index (Ibovespa) (Brasil), KOSPI 200 Index (Korea) and CECE Traded (EUR) Index (Poland, Czech Republic, Hungary). 

The index basket reflects the development of economies of three emerging countries, i.e. Russia, Brazil, and Korea. By investing in the notes issue linked to these emerging markets the investor will participate in development of several large companies, like Gazprom (Russia), Lukoil (Russia), Petroleo Brasileiro (Petrobras) (Brasil) and Vale R Doce (Brasil), Bank Pekao SA (Poland), Samsung Electronics Co Ltd (Korea).

AS DnB NORD Banka has successfully performed already eight issues of index-linked notes; notes of the precedent issue were pegged to index basket of Russia, Brasil and Taiwan, and successfully distributed by 28 february 2008.

To stock market-indexed notes you can subscribe at any branch of DnB NORD Banka throughout Latvia. Final terms and conditions of the issue, Registration document and the Basic Prospectus can be reviewed on DnB NORD Banka homepage: www.dnbnord.lv and DnB NORD Bankas (Lithuania) homepage www.dnbnord.lt.