Payment under the Eight Mortgage Bond of BACB AD
In accordance with the terms and conditions under the Eight mortgage bond issue of BACB, ISIN BG2100006142, Exchange code 5BNF, on March 25th 2015 the first payment to the bondholders of the mortgage bond was made in total amount of BGN 701,603.10 (EUR 358,723.97 under fixed exchange rate of BGN 1.95583 for EUR 1,00), from which BGN 488,957.50 (EUR 250,000 under fixed exchange rate of BGN 1.95583 for EUR 1,00) represent payment on principal and BGN 212,645.60 (EUR 108,723.97 under fixed exchange rate of BGN 1.95583 for EUR 1,00) represent interest payment.
The payment was made through Central Depository AD, pro rata the bondholders registered in the Register of Bondholders as of three days prior to the due date, i.e, on date March 20th 2015.
We notify you that the interest rate applicable for the period from March 25th 2015 till the next due date – September 25th 2015 including, is calculated at the level of 4.289% /four point two eight nine per cent/ p.a. (Six-month Euribor as at March 23rd 2015 equal to 0.089% increased by 4.20%).
