Skjern Bank issues structured bond


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. 

Attachments

prospectus announcement 27.02.09 uk.pdf