Third Issue of Notes |
Coupon Rate on JSC Akciju komercbanka Baltikums Notes (For the Fifth Coupon Period) |
JSC Akciju komercbanka Baltikums set the coupon rate for the fifth coupon period (from February 2, 2008 till May 01, 2008) at 7.374% p.a. JSC Akciju komercbanka Baltikums credit linked notes code is ISIN LV0000800407.
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 January 2008 was 4.374 % p.a.
