Attractive form of investment: Slovenská sporiteľňa to offer bonds with combined interest rate
Slovenská sporiteľňa offers another attractive investment opportunity. With effect from
15 November 2010, the Bank starts selling of a new issue of bonds to the general public.
A new bond of Slovenská sporiteľňa is guarantying a return of 1% p.a. in the 1st year of investment,
2% p. a. in the 2nd year, 3% p. a. in the 3rd year, 4% p. a. in the 4th year, and in the 5th year of investment the bond holders obtain a return totalling to 12-month EURIBOR + 0.50 % p. a. The revenues will every year be paid out by the Bank in December until the final maturity.
This type of security if available for investors through 288 sales points of the Bank, and in case of need the bonds may be sold through Burza cenných papierov Bratislava/Bratislava Stock Exchange. The sale of bonds will be terminated by the Bank at the latest on 10 December 2010 at 12:00.
Total volume of the bond issue is 10 000 pieces of bonds with nominal value of EUR 1, 000. The offering price was set at 100.00 % of the nominal value. Minimum amount of investment is 5 pieces of bonds.
The Securities Prospect in connection with the public offering of the new issue of bonds was approved by the National Bank of Slovakia. Potential investors will find more information on mortgage bonds in the Securities Prospect and on www.slsp.sk
Slovenská sporiteľňa is with 2.5 million clients the largest commercial bank in Slovakia. Its only shareholder is the Austrian Erste Group Bank. Slovenská sporiteľňa has a long-term leading position in total assets, retail loans, client deposits, number of sales points and ATMs. Slovenská sporiteľňa offers complex banking services in 288 sales points and 18 commercial centres in all regions of Slovakia. For more information see www.slsp.sk.
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