Tuesday, December 6 2016 20:02
Alina Hovhannisyan

Coupon Bonds by GLOBAL CREDIT will be traded on NASDAQ OMX Armenia

Coupon Bonds by GLOBAL CREDIT will be traded on NASDAQ OMX Armenia

ArmInfo. Starting from  December 05, 2016 the nominal coupon bonds with GLBLB3 ticker symbol  issued by "GLOBAL CREDIT" Universal Credit Organization CJSC will be  listed on the secondary Bbond list of NASDAQ OMX Armenia, while  another issue of the Company's bonds with GLBLB4 ticker symbol will  be admitted to trading on Cbond free market, the press office of  NASDAQ OMX Armenia has told ArmInfo.

GLBLB3 bonds (ISIN - AMGLBLB23ER1) include 10,000 coupon bonds with  nominal value of USD 100, coupon rate of 9.0% and maturity period of  36 months.

GLBLB4 bonds (ISIN - AMGLBLB24ER9) include 20,000 coupon bonds with  nominal value of AMD 10,000, coupon rate of 14% and maturity period  of 24 months.   

The bonds will be allowed to manual and REPO trading as well. The  underwriter and marketmaker of the two issues is RENESA CJSC.

To note, GLOBAL CREDIT UCO CJSC is a universal credit organization  registered according to Resolution No. 267A as of 26 October 2010 of  the Central Bank of Armenia, established in consequence of  amalgamation of WASHINGTON CAPITAL universal credit organization CJSC  and CREDIT UNION universal credit organization CJSC, which also was  enlarged as a result of "GLOBAL CREDIT" UCO CJSC and "GFC GENERAL  FINANCIAL and CREDIT COMPANY UCO LLC union. Now the company is the  legal consequent of "Credit Union", "Washington Capital" UCO CJSC and  "GFC General Financial and Credit Company" UCO LLC.

RENESA CJSC was established on 26 March 2001. On 27 June 2008, the  Company was reregistered and re-licensed by the CBA as an investment  company. The Company has been a member of Stock Exchange since 24  January 2002. Starting from 11 December 2008 RENESA has also been a  member of the Securities Accounting System. In 2014, Renesa was  declared as the best investment company in Armenia. The shareholders  of the company are Eduard Marutyan (50%) and Araik Karapetyan (50%).  Renesa has repeatedly been the underwriter and marketmaker of the  Armenian issuers' bonds.

NASDAQ OMX Armenia is the only stock exchange currently operating in  Armenia. On January 26, 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.  NASDAQ OMX Armenia and  Central Depository of Armenia are among the main securities market  infrastructure institutions in Armenia. The exchange offers to the  market professionals a fully automated electronic trading platform.

POST A COMMENT
Input digits     


News
National Geographic recommends visiting Armenia as an attractive  tourist destinationNational Geographic recommends visiting Armenia as an attractive  tourist destination
Pashinyan: program for providing housing to forcibly displaced  persons from Nagorno-Karabakh is entering practical stage of  implementationPashinyan: program for providing housing to forcibly displaced  persons from Nagorno-Karabakh is entering practical stage of  implementation
Projects implemented jointly with Rosatom State Corporation discussed  in ArmeniaProjects implemented jointly with Rosatom State Corporation discussed  in Armenia
Assessing long-term impact of new US sanctions against Russia will  take time - Central Bank GovernorAssessing long-term impact of new US sanctions against Russia will  take time - Central Bank Governor
Martin Galstyan: Azerbaijan is not among top 50 remittance  destinationsMartin Galstyan: Azerbaijan is not among top 50 remittance  destinations
Armenian Parliament approves report on  Execution of State Budget for  2023Armenian Parliament approves report on  Execution of State Budget for  2023
Fly Arna staff demand salariesFly Arna staff demand salaries
Pashinyan: Work has begun on developing program to address priority  issues for restoring disaster zone Pashinyan: Work has begun on developing program to address priority  issues for restoring disaster zone 
Instant money transfers from Russia to Armenia with the “ФОРА-БАНК” appInstant money transfers from Russia to Armenia with the “ФОРА-БАНК” app
Since 2017, National Foundation for Servicemen Insurance has paid  monetary compensation to families of 5,345 dead, missing servicemenSince 2017, National Foundation for Servicemen Insurance has paid  monetary compensation to families of 5,345 dead, missing servicemen
Armenia`s CB revises GDP growth forecast for 2024 upward Armenia`s CB revises GDP growth forecast for 2024 upward 
Economic entities must not get accustomed to Economic entities must not get accustomed to "cottonwood existence" -  minister
State budget both financial and political document - minister State budget both financial and political document - minister 
Premier was presented with draft strategic employment programPremier was presented with draft strategic employment program
WB does not change previous improved forecast for Armenia`s GDP  growth of 5.5% in 2024 and 4.9% in 2025 WB does not change previous improved forecast for Armenia`s GDP  growth of 5.5% in 2024 and 4.9% in 2025 
Martin Galstyan: Under favorable conditions, loan interest rates may  dropMartin Galstyan: Under favorable conditions, loan interest rates may  drop
CBA: GDP above-potential growth and its non-widespread nature poses  uncertainties regarding relative position of aggregate demand versus  aggregate supplyCBA: GDP above-potential growth and its non-widespread nature poses  uncertainties regarding relative position of aggregate demand versus  aggregate supply
Central Bank Governor: Inflation in Armenia to approach 2.2%-2.5% by  end of yearCentral Bank Governor: Inflation in Armenia to approach 2.2%-2.5% by  end of year
Armenia`s Central Bank expects additional incentives after Government  increases spending on eliminating consequences of disaster Armenia`s Central Bank expects additional incentives after Government  increases spending on eliminating consequences of disaster 
idcoin: New tool in IDBank’s loyalty systemidcoin: New tool in IDBank’s loyalty system
Armenia`s Central Bank continues reducing refinancing rate Armenia`s Central Bank continues reducing refinancing rate 
Income tax on mortgage loans to be abolished in 2029 Income tax on mortgage loans to be abolished in 2029 
About 173 Million Drams and More Than 30 Beneficiary Funds. About 173 Million Drams and More Than 30 Beneficiary Funds. "The Power of One Dram" is 4 Years Old
Armenia to participate in Food Africa-2024 exhibition Armenia to participate in Food Africa-2024 exhibition
EasyPay Supports Launch of “Financial Literacy” Program by Armenian Code Academy and Technological Education Foundation EasyPay Supports Launch of “Financial Literacy” Program by Armenian Code Academy and Technological Education Foundation 
 Team promotes business education: CaseKey Academy opened Team promotes business education: CaseKey Academy opened
Armenian-Indian business forum held in YerevanArmenian-Indian business forum held in Yerevan
Armenia elected UN Economic and Social Council Member for 2025-2027Armenia elected UN Economic and Social Council Member for 2025-2027
Central Bank identifies two main risks threatening Armenia`s  financial stabilityCentral Bank identifies two main risks threatening Armenia`s  financial stability
Armswissbank issues 3 bonds from the 10th of juneArmswissbank issues 3 bonds from the 10th of june
The Power of One Dram to The Road of Life: July`s Beneficiary is Strong MindThe Power of One Dram to The Road of Life: July`s Beneficiary is Strong Mind
Recent floods in Armenia confirm need to ensure food security -  statementRecent floods in Armenia confirm need to ensure food security -  statement
AraratBank places dollar bondsAraratBank places dollar bonds
Russia making efforts to resume launch of Mir cards in Armenia,  Kyrgyzstan Russia making efforts to resume launch of Mir cards in Armenia,  Kyrgyzstan 
Deputy Minister of Finance: Export of goods of Armenian origin  decreased by 14.3% in Q1 2024Deputy Minister of Finance: Export of goods of Armenian origin  decreased by 14.3% in Q1 2024
OVIO modernizes its sales and service centers in Kapan, Kajaran and  GyumriOVIO modernizes its sales and service centers in Kapan, Kajaran and  Gyumri
EU to allocate EUR11 million for next 5 years to implement R2D Syunik  projectEU to allocate EUR11 million for next 5 years to implement R2D Syunik  project
New sports complex to be constructed in KapanNew sports complex to be constructed in Kapan
Higher-rate economic activity growth in Armenia Higher-rate economic activity growth in Armenia 
 Armenia`s regional administration to receive AMD 2.5bln for  subvention programmes  Armenia`s regional administration to receive AMD 2.5bln for  subvention programmes 
Turnover tax forming unhealthy economic environment should be  abolished - premier Turnover tax forming unhealthy economic environment should be  abolished - premier 
Armenia is especially loved by tourists from Russia, Georgia, Iran,  the USA, Germany, France, Ukraine, China and BelarusArmenia is especially loved by tourists from Russia, Georgia, Iran,  the USA, Germany, France, Ukraine, China and Belarus
CBA CBA "accuses" bank clients of "illogical behavior"
Sanosyan: some problems arose during implementation of first landfill  construction projectSanosyan: some problems arose during implementation of first landfill  construction project
Russian Digital Attache in Armenia: Russia`s experience in building  underwater fiber-optic link may be relevant, including for ArmeniaRussian Digital Attache in Armenia: Russia`s experience in building  underwater fiber-optic link may be relevant, including for Armenia
YOY inflation in Armenia decreased from 1.3% to 0.3% in May, due to  cheaper food productsYOY inflation in Armenia decreased from 1.3% to 0.3% in May, due to  cheaper food products
Agriculture is becoming labor reservoir for more efficient service  industry - expertAgriculture is becoming labor reservoir for more efficient service  industry - expert
Part of main gas pipeline supplying Armenia with Russian gas will  come under Azerbaijani control - political scientistPart of main gas pipeline supplying Armenia with Russian gas will  come under Azerbaijani control - political scientist
EU allocated EUR 2.9 million to Armenia for rebranding of Armenian  brandyEU allocated EUR 2.9 million to Armenia for rebranding of Armenian  brandy
Use of electric cars and solar energy will limit Armenia`s dependence  on oil and gas marketsUse of electric cars and solar energy will limit Armenia`s dependence  on oil and gas markets
Armenian MFA: decision on Armenia`s participation in Chabahar port  project to be made within few monthsArmenian MFA: decision on Armenia`s participation in Chabahar port  project to be made within few months
Papoyan: export development strategy is almost readyPapoyan: export development strategy is almost ready
North-South`s construction odyssey: Only 10% of road has been  completed in 12 yearsNorth-South`s construction odyssey: Only 10% of road has been  completed in 12 years
Formation of common energy markets major factor of EAEU development -  Armenian vice-premier Formation of common energy markets major factor of EAEU development -  Armenian vice-premier 
Armenia`s taxpayers carried out 59.9mln transactions worth AMD  1,086blnArmenia`s taxpayers carried out 59.9mln transactions worth AMD  1,086bln
Armenian producers to participate in Sial-2024 exhibition in Paris Armenian producers to participate in Sial-2024 exhibition in Paris 
Armenia requests assistance from European Peace Foundation - FMArmenia requests assistance from European Peace Foundation - FM
Armenian producers to participate in Foodex Saudi-2024Armenian producers to participate in Foodex Saudi-2024
Armenia, Ukraine considering prospects for development of bilateral  economic ties Armenia, Ukraine considering prospects for development of bilateral  economic ties 
Armenia`s transition to clean energy and power transmission grid  upgrades to benefit from World Bank supportArmenia`s transition to clean energy and power transmission grid  upgrades to benefit from World Bank support
Read more
Exchange rates
14.06.2024
RUB4.400.04
USD388.490.45
EUR415.57-3.28
GBP493.58-2.10
CAD282.330.08
JPY24.740.05
CNY53.540.04
CHF434.892.00