OREANDA-NEWS. On 05 May 2009 was announced, that AS “Akciju komercbanka “Baltikums”” set the coupon rate for the tenth coupon period (from May 02, 2009 till August 01, 2009) at 4.372% p.a. AS “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 months EURIBOR rate, which is fixed on the coupon rate determination date, plus 3% p.a. According to Bank of Latvia, 3 months EURIBOR rate on 29 April 2009 was 1.372% p.a.