On 31 July 2007 JSC “Akciju komercbanka “Baltikums”” set the coupon rate for the third coupon period (from 2nd August, 2007, till 1th November, 2007) on its notes at 7.260% p.a. According to the terms of the issue, the coupon rate is set for each interest calculation period. The coupon rate is based on 3 (three) month EURIBOR rate, which is fixed on the coupon rate determination date, plus 3% p.a. According to Bank of Latvia, 3 month EURIBOR rate on 31 July 2007 was 4.260% p.a. On 2 August 2007 JSC “Akciju komercbanka “Baltikums”” set the coupon rate for the second coupon period (from 2nd May, 2007, till 1th August, 2007) on its notes at 7.005 % p.a. The second payment of the coupon at the rate of 7.005% p.a. will take place on 02 Augusts 2007.
Coupon rate on JSC “Akciju komercbanka “Baltikums”” notes ISIN LV0000800407 (corrected)
| Source: Akciju komercbanka "Baltikums"