NORDEA bonds primary placement auction concluded

22.03.2004 RIG

On March 22, 2004 “Nordea Bank Finland Plc.” medium-term notes primary placement auction was run at the Riga Stock Exchange. 1000 bearer bonds at total value of LVL 10 million were made available to the investors. Nominal value of one bond is LVL 1000. The notes mature on September 20, 2004, and the coupon is 3.50% per year. March 24, 2004 is the settlement date for the notes purchased at the auction.

In auction 270 or 27% of offered notes were sold at average weighted price 99.87%, which corresponds to yield 3.765 %.

“Nordea Bank Finland Plc.” (represented by “Nordea Bank Finland Plc Latvia branch) notes placed via the auction will be listed on the Riga Stock Exchange Official debt securities list on March 25, 2004.


Additonal information:
Krista Grīntāle
Corporate Communications Director
Riga Stock Exchange
Phone: 371 7212431