OREANDA-NEWS. May 26, 2011. Ukio bankas finished offering a one-year fixed-rate bond issue which raised LTL 20.7 million. A total of 207,128 units of bonds with a fixed annual interest rate of 4 per cent, LTL 100 nominal value each, were distributed. The issue will be redeemed on 29 May 2012, reported the press-centre of Ukio Bankas.

From 23 May, Ukio bankas will start offering a new one-year fixed-rate bond issue in litas whose annual profitability will reach 4 per cent. The nominal value of one bond amounts to LTL 100, the issue will be redeemed on 2 July 2012.

“After successful completion of one more bond issue offering we put forward a new proposal which will allow investors to continue using this investment tool ensuring attractive interest,” Marius Arlauskas, Director of Ukio bankas Financial Institutions and Fund Raising Department, said.

The new bond issue will be redeemed after 375 days by paying the nominal value as well as interest accrued on each bond. Early redemption of bonds by investors’ initiative is also possible.
The bonds of the new issue offered by Ukio bankas can be acquired until 22 June not only in Bank's branches and client service units but also using the internet banking system Eta bankas.

The Base Prospectus of the Bonds Offering Programme and the Final Terms and Conditions are available for familiarisation in Ukio bankas branches and client service units as well as on the Bank’s website www.ub.lt.