OREANDA-NEWS. February 04, 2007. AS DnB NORD Banka has started distribution of the notes issue No. 10-LV linked to several emerging markets (Russia, Brazil, and Taiwan). The notes distribution period will continue till 28th February (inclusive), reported the press-centre of AS DnB NORD Banka.

Market-indexed note is a security at whose maturity to the investor is guaranteed repayment of invested funds and additional value that depends on the growth of capital index values.

DnB NORD Banka is the only bank in Latvia that publicly offers this type of notes.

Maturity of currently distributable EUR notes is three years and the prospective increase in value depends on the growth of average capital index basket value - Russian Depositary Index (RDX) (Russia), Brazil Bovespa Stock index (Ibovespa) (Brazil), MSCI Taiwan Index (Taiwan).

The index basket reflects the development of economies of three emerging countries, i.e. Russia, Brazil, and Taiwan. By investing in the notes issue linked to these emerging markets the investor will participate in development of several large companies, like Gazprom (Russia), Lukoil (Russia), Taiwan Semiconductor MFG (Taiwan), Hon Hai Precision IND CO (Taiwan), Petroleo Brasileiro (Petrobras) (Brazil), and Vale R Doce (Brazil).

AS DnB NORD Banka has successfully performed already seven issues of index-linked notes; notes of the precedent issue were pegged to the BRIC index basket and successfully distributed by 3 December 2007.

To stock market-indexed notes you can subscribe at any branch of DnB NORD Banka throughout Latvia. Final terms and conditions of the issue, Registration document and the Basic Prospectus can be reviewed on DnB NORD Banka homepage: www.dnbnord.lv and DnB NORD Bankas (Lithuania) homepage www.dnbnord.lt.