OREANDA-NEWS. September 15, 2011. Ukio bankas completed the offering of one-year fixed-rate bond issues in litas and euro which attracted a total of LTL 46.4 million. A total of 284,311 bonds of LTL 100 nominal value each and 51,920 bonds of EUR 100 nominal value each with a fixed annual interest rate of 4.5 per cent were distributed. Both these issues will be redeemed on 18 September 2012, reported the press-centre of Ukio bankas.

From 12 September Ukio bankas will start offering a new one-year fixed-rate bond issue in litas whose annual profitability will reach 4.5 per cent. The nominal value of one bond amounts to LTL 100, the issue will be redeemed on 15 October 2012.

‘We continue a successful bond distribution by offering investors a reliable method of investing their funds under attractive conditions. We believe that the new bond issue will also attract investors’ attention,’ Marius Arlauskas, director of Ukio bankas Financial Institutions and Fund Raising Department, said.

The new bond issue will be redeemed after 375 days by receiving the nominal value and interest accrued on each bond. Early redemption of bonds by investors’ initiative is also possible. Acquisition of the bonds of the new issue offered by Ukio bankas until 4 October is available not only at the 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 available for familiarisation at Ukio bankas branches and client service units as well as on the Bank’s website www.ub.lt.