On 31 October 2007 JSC Akciju komercbanka Baltikums set the coupon rate for the fourth coupon period (from 2nd November, 2007, till 1th February, 2008) on its notes (ISIN LV0000800407) at 7.603 % p.a. 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 EURIBOR rate, which is fixed on the coupon rate determination date, plus 3% p.a. According to Bank of Latvia, 3 month EURIBOR rate on 31 October 2007 was 4.603 % p.a. On 2 Nobember 2007 JSC Akciju komercbanka Baltikums set the coupon rate for the third coupon period (from 2nd August, 2007, till 1th November, 2007) on its notes at 7.260% p.a. |
