The Board of the State-owned Joint Stock Company “Mortgage and Land Bank of Latvia” on its 5 June 2007 meeting made resolutions (minutes No.25) to make public offerings of the discount notes and include the P01AO series and P01CB series Discount Notes on the regulated market, issued under the State JSC “Mortgage and Land Bank of Latvia” Discount Notes Initial offering program. Characteristics of P01AO series discount notes: -------------------------------------------------------------------------------- | ISIN code | LV0000800480 | -------------------------------------------------------------------------------- | Maturity date | 12 June 2008 | -------------------------------------------------------------------------------- | Amount of issue | LVL 10,000,000.00 (ten million Latvian | | | lats) | -------------------------------------------------------------------------------- | Amount of Discount notes | 100,000 (one hundred thousand) | -------------------------------------------------------------------------------- | Issue currency | LVL | -------------------------------------------------------------------------------- | Face value of one Discount note | LVL 100 (one hundred Latvian lats) | -------------------------------------------------------------------------------- | Date of the Non‑competitive | 13 June 2007 | | auction (Public offering date) | | -------------------------------------------------------------------------------- | Duration of the Non‑competitive | 10 a.m. to 1 p.m. | | auction | | -------------------------------------------------------------------------------- | Settlement date to transactions | 18 June 2007 | | concluded on the Non‑competitive | | | auction (Date of issue); | | -------------------------------------------------------------------------------- | Yield | 6.7500% | -------------------------------------------------------------------------------- | Offer price | 93.6768% of the face value | -------------------------------------------------------------------------------- Characteristics of P01CB series discount notes: -------------------------------------------------------------------------------- | ISIN code | LV0000800498 | -------------------------------------------------------------------------------- | Maturity date | 12 June 2008 | -------------------------------------------------------------------------------- | Amount of issue | EUR 15,000,000.00 (fifteen million | | | Euros) | -------------------------------------------------------------------------------- | Amount of Discount notes | 150,000 (one hundred fifty thousand) | -------------------------------------------------------------------------------- | Issue currency | EUR | -------------------------------------------------------------------------------- | Face value of one Discount note | EUR 100.- (one hundred Euros) | -------------------------------------------------------------------------------- | Date of the Non‑competitive | 13 June 2007 | | auction (Public offering date) | | -------------------------------------------------------------------------------- | Duration of the Non‑competitive | 10 a.m. to 1 p.m. | | auction | | -------------------------------------------------------------------------------- | Settlement date to transactions | 18 June 2007 | | concluded on the Non‑competitive | | | auction (Date of issue) | | -------------------------------------------------------------------------------- | Yield | 4.8000% | -------------------------------------------------------------------------------- | Offer price | 95.4199% of the face value | -------------------------------------------------------------------------------- The Base prospectus of the Discount Notes Initial offering program is published: on the Mortgage Bank's website www.hipo.lv, Financial and capital market commission website www.fktk.lv, Riga Stock-Exchange website www.lv.omxgroup.com. The Base prospectus of the Discount Notes Initial offering program and Final Terms for the separate Discount Notes series are available at the Central Office of the Mortgage Bank at Doma laukums 4, Riga, LV-1977, office hours. 9 a.m. to 5 p.m. Henkels, phone 7774050
On public offering of Discount Notes
| Source: Latvijas Hipoteku un zemes banka
Attachments
