Ukio Bankas Will Issue New Bond Emission in LTL
OREANDA-NEWS. From 18 April to 19 May, Ukio bankas will distribute one year fixed interest rate bond in LTL emission. Annual profitability of these securities in LTL is 4 percent. Nominal value of one bond is LTL 100, the emission will be redeemed 29 May 2012, reported the press-centre of Ukio Bankas.
„We continue inviting to use attractive investment instrument – bonds that ensure return on investment exceeding interest of deposits existing in the market and is safe means of investment. Ukio bankas bonds have been positively ranked among the investors up to now – it was witnessed by huge demand and amounts of attracted funds,” – 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 accrued interest 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 19 August 2011, 17 November 2011 and 23 February 2012.
Bonds issued by Ukio bankas may be acquired 18 April – 19 May not only at the Bank’s Branches and Client Service Units but also via internet banking system Eta bankas.
To view the final terms and conditions and base prospectus of the offering program is possible at AB Ukio bankas Client Servicing Units and the Bank‘s website www.ub.lt.
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