OREANDA-NEWS. On October 13, 2008, Ukio bankas started offering two bond issues in different currencies – the Litas and euros. The maturity of both bond issues is one year. The nominal value of one bond is LTL 100 and EUR 100, reported the press-centre of Ukio bankas.

Investors will be offered to acquire Ukio bankas bonds during four weeks from the commencement of the offering. A 7.5 percent annual interest will paid for the bonds issued in the Litas, and a 6.5 percent interest – in euros.

“Considering the current market situation, bonds are among the safest and profitable investing options for the investors do not willing to take a risk. Our bonds are attractive by both the interest and the maturity. One year is a flexible and non-committing term upon the expiry of which investors will be able to reinvest their funds.

Apart from that, Ukio bankas securities may be also presented for early redemption – every three months during the bonds term. When necessary, the clients can sell the bonds before maturity without losing the profit,” Marius Arlauskas, director of Ukio bankas Financial Institutions and Funds Raising Department, said.

The investors, having acquired Ukio bankas bonds and having kept them to maturity date, will receive the total annual interest.

Ukio bankas bonds are offered at all Bank’s branches and units. The quickest and simplest way to acquire them is to use the electronic banking system Eta bankas.