OREANDA-NEWS.  April 11, 2012. NASDAQ OMX Riga reports that ABLV Bank, AS bonds will be listed on the NASDAQ OMX Baltic Bond list. As a result of issuing bonds denominated in EUR and USD in three separate issues, ABLV Bank, AS raised funds from investors at total value over 33.6 million LVL, reported the press-centre of ABLV Bank.

“We are pleased that more and more companies in the Baltic countries acknowledge the advantages of issuing bonds. It is possible to receive sizeable funds from various investors – investment funds, pension funds, financial institutions, and often also from private individuals. Up to now, the typical value of the money raised by Baltic companies via bonds issues used to be in the range from 0.25 million LVL up to as much as 35 million LVL”, says Liene Dubava, Head of Issuer Services, NASDAQ OMX Baltic.

“By listing our bonds on the NASDAQ OMX Baltic Bond list, we are providing extra liquidity and transparency to our investors. We believe that, compared to long-term bank deposit, bonds are a more convenient investment instrument for investor. Therefore, we intend to proceed with issuing bonds and listing them on the market, thus making ABLV Bank-issued securities accessible not only to our clients but other investors as well”, comments Maris Kannenieks, CFO, ABLV Bank, AS.