Baltic International Bank bonds

By purchasing bonds of Baltic International Bank you invest in fixed income financial instruments and support the implementation of the Bank’s strategy.

 

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Bonds of Baltic International Bank present an attractive short- or medium-term investment from a return point of view. The returns currently offered by the Bank’s bonds significantly exceed those of standard term deposits. Moreover, investing in bonds issued by Baltic International Bank offers a way to support the implementation of the Bank’s strategy.

The Bank’s bonds are included in the Baltic Bonds List of NASDAQ Riga, which means that these bonds can be traded not only directly with the Bank but also on a stock exchange. Furthermore, you can obtain financing from the Bank using the Bank’s bonds as collateral.

You can find detailed information on the actual issues, currencies, interest rates and maturities of the bonds in the Final Terms of each respective Bond Series that are available in the section "Bond Offer Programme No 3" and "Bond Offer Programme No 2".

 


Baltic International Bank bond offer programmes

Bond offer programme No.3

The Base Prospectus of Bond Offer Programme No 3 of JSC Baltic International Bank states bonds worth up to EUR 15,000,000.00 (fifteen million euros) will be issued with maturities between 1 and 10 years, denominated in EUR, USD and GBP, with fixed or floating interest rates.

Each of the public offerings shall be made in accordance with the final terms of an individual Bond Series.

The Bank’s bonds are included in the Baltic Bonds List maintained by Nasdaq Riga.

Under the Bond Offer Programme, both conventional and subordinated bonds may be issued as a vehicle for raising subordinated capital.

 

ISIN Series Currency Nominal value of bonds Interest rate Maturity date
LV0000802122 BIB 2.1% 21/06/18 USD USD USD 1000 2.10% 21.06.2018.

 

Base prospectus of the bonds offer programme No 3 (LV)

Final Terms for Bonds Offer Series No 01/03 BIB 2.1% 21/06/18 USD (LV)

Bond offer programme No.2

Bank-issued conventional publicly traded bonds:

 

ISIN Series Currency Nominal value of bonds Interest rate Maturity date
LV0000801801 BIB 1.6% 31/07/16 USD USD USD 1000 1.60% 31.07.2016.
LV0000801793 BIB 2.1% 31/07/17 USD USD USD 1000 2.10% 31.07.2017.
LV0000801819 BIB 1.8% 31/07/17 EUR EUR EUR 1000 1.80% 31.07.2017.
LV0000801959 BIB 2.1% 04/12/17 USD USD USD 1000 2.10% 04.12.2017.
LV0000801967 BIB 1.8% 04/12/17 EUR EUR EUR 1000 1.80% 04.12.2017.

 

Under its Bond Offering Programme No 2, in July 2015 Bank issued 1-year and 2-year USD-denominated bonds for a total value of US$ 4.40 million, and 2-year EUR-denominated bonds for a total value of EUR 2.25 million. The bonds will pay a semi-annual coupon according a fixed rate of 1.60 percent for the dollar-denominated bonds with a maturity of 1 year, 2.10 percent for the dollar-denominated bonds with a maturity of 2 years and 1.80 percent for the euro-denominated bonds with a maturity of 2 years. 7 investors had submitted bond purchase applications during the primary placement.

In December 2015 Bank launched two new issues: US$2.9 million (series No 04/02 BIB 2.1% 04/12/17 USD), 2-year maturity, a fixed annual rate of 2.10%, and EUR 1 million (series No 05/02 BIB 1.8% 04/12/17 EUR), 2-year maturity, a fixed annual rate of 1.80%. During the primary placement, 4 investors applied for the purchase the bonds. Both issues were fully sold out.

Base prospectus of the bonds offer programme No.2
Final Terms for Bonds Offer Series No 01/02 BIB 1.6% 31/07/16/USD
Final Terms of Bond Offer Series No 02/02 BIB 2.1% 31/07/17 USD
Final Terms of Bond Offer Series No 02/02 BIB 2.1% 31/07/17 USD as amended
Final Terms of Bond Offer Series No 03/02 BIB 1.8% 31/07/17 EUR
Final Terms of Bond Offer Series No 03/02 BIB 1.8% 31/07/17 EUR as amended
Final Terms of Bond Offer Series No 04/02 BIB 2.1% 04/12/17 USD
Final Terms of Bond Offer Series No 05/02 BIB 1.8% 04/12/17 EUR

 

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Baltic International Bank bonds

PARTNERSHIP WITH THE BANK

A possibility to earn superior returns while participating in the implementation of the Bank’s strategy

RETURNS

A rate of return higher than that offered by conventional deposits

OPPORTUNITIES

An opportunity to purchase and sell bonds on a stock exchange or receive additional financing from the Bank

Important

Baltic International Bank participates in the Deposit Guarantee Fund. Thus, the safety of your deposits is guaranteed by the Deposit Guarantee System of the Republic of Latvia under the Deposit Guarantee Law of the Republic of Latvia and binding regulations of the Financial and Capital Market Commission.

Under the legal norms of the Deposit Guarantee Law of the Republic of Latvia, investments in Bonds are not subject to and are not protected by the mentioned law. 

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