Coupon rate on Komercbanka Baltikums notes (for the fourth coupon period, ISIN LV0000800407)


On 31 October 2007 JSC “Akciju komercbanka “Baltikums”” set the coupon rate for
the fourth coupon period (from 2nd November, 2007, till 1th February, 2008) on
its notes (ISIN LV0000800407) at   7.603 % 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 October 2007 was   4.603 % p.a. 
On 2 Nobember 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.