“We feel the trust that investors have in J&T BANKA by their interest in investing with us in our development. The first billion-crown issue of this innovative and remarkable instrument was bought out within a half a year. We are already two-thirds of the way through the second crown issue, which has been on offer since October. The euro issue is aimed at foreign investors in particular, and we believe that it will be just as successful as the previous ones,” says Daniel Drahotský, Director of the Financial Markets Department of J&T BANKA.
In terms of its parameters, the note is much like dividend stocks, and with regard to the similarity of the investment to a perpetuity, it can be a suitable part of a long-term portfolio aimed at a regular income.
The fixed-rate perpetual note is offered only to professional investors and clients with deposits and investment exceeding EUR 100 000 or its equivalent. The securities have already been accepted for trading on the Prague Stock Exchange.