42.4 Liabilities on the issue of own debt securities
Reference Areas:
Health
Investments
Banking
Best Pratices in PZU
| Liabilities on the issue of own debt securities | 31 December 2017 | 31 December 2016 |
| PZU Finance AB (publ.) | 3,478 | 3,680 |
| Alior Bank series J bonds | 253 | - |
| Pekao bonds | 90 | - |
| Certificates of deposit | 4,498 | 2,769 |
| Covered bonds | 1,248 | - |
| Liabilities on the issue of own debt securities | 9,567 | 6,449 |
| Nominal value | Interest rate | Issue dates | Maturity date | |
| PZU Finance AB (publ.) | EUR 850 million | 1.375% | 3 July 2014 16 October 2015 | 3 July 2019 |
| Alior Bank series J bonds | PLN 250 million | WIBOR 6M + margin | 11 August 2017 | 11 August 2020 |
Bonds classified as measured at amortized cost
The liabilities of PZU Finance AB (publ.) arising from the bonds are secured by a guarantee granted by PZU which covers all issue-related liabilities of the issuer (including the obligation to pay the par value of the bonds and interest on the bonds) in favor of all bondholders. The maximum amount of the guarantee in effect until the expiration of the bondholders’ claims against PZU Finance AB (publ.), has not been specified.
