Pekao Bank Hipoteczny will issue NPLZ-01 series mortgage bonds with a total nominal value of PLN 350 million, the bank has announced. The bonds will be issued on August 30, 2018.
The issue price of one bond is PLN 10,000, whereas the interest rate was set as the sum of the WIBOR 3M reference rate, plus a margin of 0.45 percent.
The buy-back date of the bonds was set for September 10, 2025.
Pekao BH SA is a specialist bank operating mainly on the basis of the Act on Mortgage Bonds and Mortgage Banks. It is part of the Bank Pekao capital group.