On 6 April 2009, Skjern Bank will issue a new structured bond ("Nabovaluta 2011") with a maturity of 2 years. The return on the bond depends on the development in the value of an equally weighted basket of three underlying currency crosses: the Swedish krona (SEK), the Norwegian krone (NOK) and pund sterling (GBP), all of which are quoted against euro (EUR). The bond is issued at a price of 104 and pays no coupon. The subscription period for the bonds is 2 March 2009 to 27 March 2009, both dates included.