Holm Bank.Private.For investors.Bonds

Subordinated bonds (Tier 2)

Since acquiring its banking license in April 2019, Holm has experienced significant growth, expanding both its customer base and product portfolio. We have developed the ability to flexibly and quickly launch exactly the services that our clients need. This also support the bank's strong growth in the future. 2023 was a record-breaking year for Holm, when we significantly increased both the loan portfolio and the volume of deposits. There was also an issue of Tier 1 Additional Equity Bonds (AT1).

Holm Bank’s first public offering of subordinated bonds (Tier 2) took place in the period from 10 to 24 May 2024, with 1,899 investors subscribing for subordinated bonds for a total amount of 12 598 000 euros. Thus, the base volume of the issue at 2 million euros was exceeded by a factor of 6.3.

Kaspar Kalvet, Chairman of the Management Board of Holm Bank, would like to thank all the investors who have expressed their wish to be part of Holm Bank’s success and submitted a subscription order in the bank’s first public bond offering.

Subordinated bonds (Tier 2)
Bond name
EUR 9.5% HOLM BANK BOND 24-2034
Subscription period
10 May 2024 – 24 May 2024
Admission to trading
First North Baltic Bond List
ISIN code
EE3300004290
Nominal amount
1 000 EUR
Issue size
2 000 000 EUR
Issue date
30 May 2024
Maturity date
30 May 2034
Interest rate
9,5%
Interest payments
30 May and 30 November

Additional information

Frequently asked questions

The annual fixed interest rate of Holm Bank's bonds is 9.5% and disbursements are made twice a year to the account indicated by the investor.
Yes, Estonian resident private persons must pay income tax on interest payments on bonds, which Holm withholds when making interest payments to the investor's current account. If the investor has purchased bonds for the investment account or pension investment account and wishes to postpone the income tax liability, the corresponding application must be filled in once, no later than 10 days before the deadline for making interest payments. In the case of legal entities, the taxation of income from interest payments is carried out in the usual manner.
Making any financial decision, as well as investing in bonds, requires careful thought. Carefully read the company description created for Holm's investors, which gives an overview of the risks associated with bonds.
When subscribing to Holm bonds, it is worth considering the 10-year term. Early redemption is an exception in which the prerequisites outlined in the bond terms and conditions must be present and which must be authorised by the Financial Supervision Authority.
Holm bonds can be bought and sold in the same way as all other listed bonds.

Investor Relations Contact

If you have any questions related to the bond offering, you can contact Holm Bank's CFO Madli Pindmaa or write to investor@holmbank.ee.

Madli Pindmaa
madli.pindmaa@holmbank.ee

Contact us
Contact us
Investor Relations Contact

Holm Bank AS

Posti 30, 90504 Haapsalu

Commercial Register code

14080830

Date of activity licence decision

02.04.19

Customer service

+372 675 5055info@holmbank.ee

Sales contact

partner@holmbank.ee

Data protection

andmekaitse@holmbank.ee

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