ArmInfo. On July 14, the nominal coupon bonds of the Black Sea
Trade and Development Bank (BSTDB) in the amount of AMD 2 billion were listed and entered the main list (Abond) of the NasDaq OMX Armenia stock exchange. As ArmInfo was told in the press service of the stock exchange, bonds (ISIN - AMBSTBB21ER4) are admitted to conclusion of targeted and repo deals.Starting from July 14, 2017 nominal coupon bonds issued by BLACK SEA TRADE AND DEVELOPMENT BANK will be listed on NASDAQ OMX Armenia and included in the bonds' main Abond list.
The issue of the Bank's bonds comprises 200,000 coupon bonds with nominal value of AMD 10,000, coupon rate of 8.455% and maturity period of 1 year. The bonds (ISIN - AMBSTBB21ER4) will be traded under BSTBB1 ticker symbol and will be allowed to manual and REPO trading as well.
To recall, on June 27, 2017 placement of the bank's above mentioned bonds took place at NASDAQ OMX Armenia, as a result of which the Company attracted AMD 2,005,573,856.5. Cut-off price of the bonds was AMD 10,000.13, the cut-off yield stood at 8.4545% and the weighted average yield was 8.3481%: The list of securities listed and admitted to trading on NASDAQ OMX Armenia, is available on "Financial Instruments" page of NASDAQ OMX Armenia official web-site (www.nasdaqomx.am).
