The first listing of USD-denominated mortgage bonds on the Riga Stock Exchange

24.08.2004 RIG

On August 30, 2004 “Hipotēku un zemes banka” 100,000 mortgage bonds of the new BA series (nominal value USD 100) will be listed on the Riga Stock Exchange Official Debt Securities List – this was today’s resolution of the RSE Management Board.

The bonds mature on August 15, 2011 and the coupon rate is 6-month LIBOR + 0.8%. Coupon will be paid on semi-annual basis on February 15 and August 15. The first coupon payment date is on August 15, 2004.

For more information, please contact:
Krista Grintale
Corporate Communications Director
Riga Stock Exchange
Phone: +371 7212431