Ukio Bankas Will Offer 2 Bond Issues
OREANDA-NEWS. From 26 April to 31 May Ukio bankas will offer two one-year fixed-rate bond issues – in litas and euro, reported the press-centre of Ukio bankas.
The nominal value of one bond – 100 litas or 100 euro. The bonds will be redeemed on 6 June 2011.
Upon acquiring fixed-rate bonds in litas their owners will earn 5.5 percent in annual interest per year. The bonds in euro will yield a fixed annual interest of 4 percent.
“Ukio bankas bonds are an excellent investment tool for those seeking stable profitability. With a fall of the total interest level on the market, Ukio bankas bonds will allow earning more than in the event of placing a time deposit,” Marius Arlauskas, director of Ukio bankas Financial Institutions and Funds Raising Department, said.
The investors having decided to acquire bonds earlier will pay less as the issue price of securities will change depending on the date of bonds acquisition. Bonds offered by Ukio bankas can be acquired not only at Ukio bankas branches and client service units, but also using the internet banking system Eta bankas.
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