
maib announced the launch of a new, 5th issue of corporate bonds worth 100 million lei under its second program.
According to the bank's announcement, the new subscription for corporate bonds will be available for 20 calendar days, starting from May 30 this year. Within this subscription, the bank will provide future investors with 5,000 corporate bonds with a nominal value of 20,000 lei per bond, while the principle of “first come - first served” will continue to operate. Also, maib reserves the right to close the offer early, in case of exhausting (subscription) the entire volume. The circulation term of the bonds is 3 years, the coupon interest rate is floating, linked to the weighted average interest rate on new deposits attracted in national currency in the banking sector as a whole, with maturities from 6 to 12 months, published on the official website of the NBM on the respective date before the first day of the offer period + fixed margin set for class VI (1%). The interest payment periodicity is 12 times a year (monthly). This issue of maib corporate bonds is under the bank's announced Offering Program for the period 04.12.2023 - 04.12.2024. In total, maib plans to raise 1 billion lei through 10 issues of bonds of different classes worth 100 million lei each. // 29.05.2024 - InfoMarket.