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Credit Linked Notes

Coupon Rate on JSC Akciju komercbanka Baltikums Credit Linked Notes (For the Second Coupon Period)

JSC Akciju komercbanka Baltikums set the coupon rate for the second  coupon period (from October 1, 2007 till December 31, 2007) on its credit linked notes (debt securities (notes) linked) at 14.78% p.a. JSC Akciju komercbanka Baltikums credit linked notes code is ISIN LV0000800530.

According to the terms of the issue, the coupon rate is set for each interest calculation period. The coupon rate is based on 3 (three) month RIGIBOR rate, which is fixed on the coupon rate determination date, plus 2% p.a. According to Bank of Latvia, 3 month RIGIBOR rate on 1 October 2007 was 12.78% p.a.