Notes to the consolidated financial statements
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.