Completed placement of debut bond issue

04 June 2003
Raiffeisenbank (Bulgaria) was the leading manager of the successfully completed placemet of Bulgaria Invest mortgage bond issue.
The three-year EUR 7 million bond issue carries a 6,125% annual interest with coupon payments due semi-annually. The bonds were sold primarily to institutional investors at the nominal value of EUR 1000 per unit.
The leading manager of the bond issue was Raiffeisenbank (Bulgaria), followed by Bulgaria Invest, FFBH and BAC.