OREANDA-NEWS. January 13, 2011. Ukio bankas begins to distribute one year fixed interest rate bond in LTL emission. Annual profitability of these securities in LTL reaches 4 percent. Nominal value of one bond - LTL 100, emission will be redeemed 21 February 2012.

“Bonds are an attractive investment instrument - return on the investment exceeds interest rate existing in the market and the profitability is stable. We expect that this bond emission will attain interest taking into consideration favorable terms of acquisition and interest”, - said Marius Arlauskas Director of Ukio bankas Financial Institutions and Fund Raising Department.

Bond emission will be redeemed after 375 days paying nominal value and interest accrued for each bond. Prior bond redemption on the investor’s initiative is possible as well, the bond owners will be able to exercise this right 13 May 2011 at earliest.

Bonds issued by Ukio bankas until 10 February may be acquired not only at the Bank’s Branches and Client Service Units but also via internet banking system Eta bankas.