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Listing of the II-nd issue corporate bonds issued by TTK banka AD Skopje
Friday, April 24, 2020

The characteristics of this financial instrument are as follows:

  • Securities type: corporate , transferable, subordinated, unsecured, bonds, with fixed interest rate. The issued capital instrument will be used as additional capital of the Bank (Tier 2 capital)
  • Number of issued bonds: 1,500
  • Nominal value of one bonds: 1,000 EUR
  • Total nominal value of the issue: EUR 1,5 million
  • Issue date: 14.02.2020
  • Maturity date: 14.02.2026
  • Interest rate: 2,7% fixed annual for the total period. Interest is paid annually, on February 14th, starting from February 14th 2021.
  • Legal position (subordination) of the bonds: The bonds are unsecured and subordinated liabilities in respect to all debtors of the Bank, such as: the claims of depositors and creditors. At the same time, the liabilities based on the corporate bond of the second issue will be paid upon settlement of the liabilities arising from the corporate bond of the first issue issued by the Bank.
  • Purchase option / redemption: The issuer has not have an option to redeem securities
  • Trading Code: TTKO2
  • ISIN: MKTTKS200020
  • Listing date and first trading day: 27.04.2020

Having in mind the aforementioned, as with every investment in securities, it is necessary for investors to be thoroughly informed about the characteristics of the financial instrument by inspecting and analyzing the listing prospect, as well as by reading the announcements that the Issuer will publish in future through the Electronic reporting system for listed companies, SEI-Net.