The Management Board of Echo Investment decided to issue another block of bonds for individual investors. The C-series includes 750,000 three-and-a half year bonds with a value of PLN 100 each.
The interest rate on the C-series bonds is determined on the basis of WIBOR 6M rate plus a profit margin of 3.15%. The transaction is serviced by the Dom Maklerski PKO Bank Polski brokerage house in Warsaw.
In June and July earlier this year Echo Investment issued two series of bonds which sold exceptionally well. Securities with a total value of PLN 75 mln (A-series – PLN 50 mln, B-series – PLN 25 mln) sold out within just a few days.
Details of Echo Investment"s bond issue programme are available at the echo.com.pl website.