After successfully raising EUR 60m bond meeting the requirements for additional Tier 1 capital, Fibank announced that it has exercised its right to call option on its oldest outstanding issue of perpetual bond. Note that the oldest outstanding AT1 instrument of the bank was issued in tranches in 2012-2013 period and it is also with nominal value of EUR 60m and carries 11% coupon. The coupon on the recently issued bond is also 11%. The issuance includes reset and temporary write-down features. The bonds are perpetual, with an issuer call option exercisable after the fifth year.