Friday, May 17 2013 16:37
Fifth issue of discount corporate bonds by "National Mortgage Company" CJSC admitted to trading on free market (Cbond) of NASDAQ OMX Armenia
ArmInfo. The fifth issue of discount corporate bonds by "National Mortgage Company" Refinancing Credit Organization CJSC (NMC RCO) was admitted to trading on free market (Cbond) of NASDAQ OMX Armenia on May 13 with right to circulate in REPO market and manual trading.
NASDAQ OMX Armenia reports that this issue of the company's bonds comprises 10,000 bonds with nominal value AMD 100,000, maturity 6 months and placement yield of 9.3647%. The issue will be traded under NMCCB5 ticker symbol.
To recall, on April 14, 2013 this issue of corporate bonds by NMC RCO for a total value of AMD 954,559,170.4 was placed through stock exchange. All the value issued was placed, while bonds demand was even higher, amounting to AMD 1,192,915,825. Weighted average price was 9.3647% and the cut price stood at 9.5006%.
The first three issues (NMCCB1, NMCCB2, NMCCB3) were placed through the exchange, admitted to trading at NASDAQ OMX Armenia free Cbonds market in 2011-2012 and later redeemed, so their trading at NASDAQ OMX Armenia was terminated. The fourth issue (NMCCB4) was placed on December 16, 2012 and will circulate until their redemption date on June 16, 2013.
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.
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