Financial results

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32. Liabilities arising from issue of debt securities

Classification	Balance as at	Balance as at
	31 December 2015	31 December 2014
Financial instruments measured at amortized cost	503 500	358 256
Total	503 500	358 256

 

	Balance as at	Balance as at
By maturity	31 December 2015	31 December 2014
	PLN’000	PLN’000
From 1 to 3 months	0	232
From 3 months to 1 year	148 903	826
From 1 year to 5 years	354 597	357 198
Total	503 500	358 256

 

 

Balance as at
31 December 2015
	No. series bonds	Nominal value	Terms of interest	Maturity date	Balance of liabilities
		PLN’000			PLN’000
Bonds
Quoted	B2	147 850	WIBOR 6M+1,40pp	13 December 2016	147 960
Not quoted	B3	40 000	4,0%	20 August 2018	40 569
Not quoted	B4	170 000	WIBOR 6M+1,45pp	17 December 2018	169 910
Not quoted	B5	145 000	WIBOR 6M+1,80pp	22 December 2019	145 061
Total		502 850			503 500

 

In the first quarter of 2014 the Bank offered B2 series bonds to be traded on the Over-The-Counter market of the Warsaw Stock Exchange (Catalyst). All bonds issued are unsecured bonds. The Bank fulfilled all its obligations arising from the bond issues.

On 29 June 2015 the Bank issued D8 series bonds with the face value of PLN 30 million. The issue covered 300 bonds with the face value of PLN 100,000 each. The issue prices was PLN 99,205.50. Bond redemption at par value was carried out on 2 November 2015.

 

Balance as at
31 December 2014
	Bond series number	Face value	Interest rate	Maturity date	Balance of liabilities
		PLN’000			PLN’000
Bonds
Quoted	B2	147 850	WIBOR 6M + 1,40pp	13 December 2016	147 845
Not quoted	B4	170 000	WIBOR 6M + 1,45pp	17 December 2018	169 847
Not quoted	B3	40 000	4,0%	20 August 2018	40 564
Total		357 850			358 256

In the year ended 31 December 2014 the Bank fulfilled all its obligations arising from the bond issues. All bonds issued are unsecured bonds.