Last update: 23.07.2024 01:24 (GMT+3)

New series of "Hipotēku un zemes banka" mortgage bonds to be placed via the Riga Stock Exchange

18.01.2002, , RIG

The RSE Management Board resolved that on February 7 and February 12
new series of "Hipotēku banka" mortgage bonds will auctioned.

On February 7 10,000 AD series bonds with nominal value LVL 1,000,000
will be auctioned. Maturity is on August 15, 2006, and coupon is 6.5%.
On February 12 10,000 AI series bonds with nominal value LVL 1,000,000
will be auctioned. Maturity is on August 15, 2008, and coupon is 7%.
Both issues will be listed on the RSE Official List starting with
February 18.

Any investor may participate in the auction by submitting their bids to
the RSE members.

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