Friday, December 2 2011 20:07
NASDAQ OMX Armenia lists corporate bonds of National Mortgage Company
ArmInfo. Starting December 2, 2011, discount bonds issued by "National Mortgage Company" RCO OJSC were admitted to trading at free Cbond market of NASDAQ OMX Armenia. This issue of the company's bonds comprises 10,000 bonds with nominal value AMD 100,000, maturity 6 months and annual yield of 9.38%. The issue will be traded under NMCCB1 ticker symbol.
The press service of NASDAQ OMX Armenia notes that bonds of National Mortgage Company were the fisrt to be placed via NASDAQ OMX Armenia IPO system, and as commented Mr. Mher Edigaryan, CEO, National Mortgage Company during the opening bell ceremony: "We're satisfied with the result, as demand for bonds was even higher, than supply. This is the first step, our work in capital market will be continuous".
National Mortgage Company RCO CJSC was registered in the Central Bank of Armenia by the decision N 1/1167A of the board of the Central Bank of Armenia dated October 19, 2011 Registration certificate N 26, Activity License N 26). The only shareholder is the Central Bank of Armenia.
For more information on securities listed at NASDAQ OMX Armenia please visit www.nasdaqomx.am.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries.
In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc. For more information on the NASDAQ OMX Group, Inc. visit www.nasdaqomx.com.
On January 27, 2009, "Armenian Stock Exchange" ojsc was officially renamed as "NASDAQ OMX Armenia" ojsc. On June 5, 2009, "NASDAQ OMX Armenia" ojsc became the owner of 100% of the shares of the "Central Depository of Armenia" ojsc.