OREANDA-NEWS. Since 11th August 2008 AS DnB NORD Banka has commenced distribution of 8-LV bonds issue. The Bonds distribution period will last to 16th September (inclusive), reported the press-centre of DnB NORD Banka.

Share index-linked bond is a security upon whose redemption to its investor is guaranteed repayment of the whole investment principal and additionally is paid out a yield depending on average rise of the index value.

Public offer of this type of bonds in Latvia is made exclusively by DnB NORD Banka.

Maturity of the currently offered EUR bonds amounts to 3 years and the yield depends on positive fluctuations in value of Russian equities fund (JPMorgan Russia Fund). The fund mostly invests in raw material companies of various industries, as due to considerable natural resource supplies, raising prices, growing domestic consumption as well as foreign investments, Russian companies still maintain high growth potential. 

Besides - at maturity is guaranteed at least 3% rise in the investment value!

AS DnB NORD Banka has successfully completed already nine index-linked bond issues. Bonds of the precedent issues were linked to share index basket of Russian, Brazilian and Korean, Central and Eastern Europe equities and successfully distributed by 6 June 2008.

Share index-linked bonds can be subscribed at any branch of DnB NORD Banka throughout Latvia. The Final Terms and Conditions of the issue, Registration document and Simplified prospectus are placed on the website of DnB NORD Banka: www.dnbnord.lv and the website of DnB NORD Bankas (Lithuania) www.dnbnord.lt.