OREANDA-NEWS. Starting from 10 August up till 4 September AB Bank SNORAS distributes two one-year emissions of fixed interest bonds. Bank SNORAS will pay 10 per cent annual interest for the bonds purchased in Litas and 8 per cent - for purchased in Euros, reported the press-centre of Bank SNORAS.

The bonds distributed by AB Bank SNORAS are a flexible accumulation product, which allows earning more than saving up money in the time deposit. You can invest in the bonds with small amounts of money - accordingly from 100 Litas or 100 Euros - by acquiring one bond. The bonds will be redeemed and the accrued interest will be paid out on 13 September 2010.

The main advantage of these securities is the right for the early redemption without forfeiting the earned annual interest. To receive interests, the bonds have to be kept no less than 28 days pass since the bonds effective date. The effective date of the emissions lately distributed by AB Bank SNORAS is 7 September; thereby to sell the acquired bonds to the bank without forfeiting the earned interest will be possible on 5 October.

Bank SNORAS applies neither the bond purchase fee, nor the advance sale fee. As usual, the price is variable during the bond distribution period: the sooner a client buys the securities, the less he pays. The bonds in Euros and Litas are distributed in all customer service subdivisions of Bank SNORAS: in branches, branch outlets and mini-banks ("mini Snoras"). Bank SNORAS Brokerage Department also provides consultations and recommendations. You can familiarize with the conditions of the new bond emission at the bank's website www.snoras.lt or by calling to the toll-free phone number 8 800 27272.