OREANDA-NEWS. Until 8 September Ukio bankas is offering one-year fixed-rate bond issues in litas and euros. The profitability of these securities, in both litas and euros, will account for 4.5 per cent per year. The nominal value of one bond in litas is LTL 100, and the nominal value of one bond in euros is EUR 100. The issue redemption date is scheduled for 18 September 2012, reported the press-centre of Ukio Bankas.

“Taking account of a growing interest in bonds we decided to offer the clients still more favourable conditions for their acquisition. For some time bonds have been a perfect choice for those wishing not only to make safe investments but also to earn more – interest paid on bonds is larger than that received on deposits. Ukio bankas bonds receive positive evaluations from investors, which is confirmed by a great demand for them and the amounts of raised funds,” Marius Arlauskas, director of Ukio bankas Financial Institutions and Fund Raising Department, said.

The bond issue will be redeemed after 375 days by receiving the nominal value and interest accrued on each bond. Early redemption of the bonds by investors’ initiative is also possible – the bondholders will be able to exercise this right on 9 December 2011, 8 March 2012 and 14 June 21012.

Acquisition of the bonds offered by Ukio bankas from 4 August until 8 September is available not only in Bank’s branches and client service units but also using the internet banking system Eta bankas.

The Bond Offering Programme Base Prospectus and the Final terms and Conditions are made available for familiarisation in Ukio bankas branches and client service units and on the Bank’s website www.ub.lt.