Friday, May 26 2017 14:22
Alina Hovhannisyan

Converse Bank first USD trench issue passed first listing on NasDaq OMX Armenia

ArmInfo. Converse Bank first USD  trench issue amounting $ 6 million passed first listing on NasDaq OMX  Armenia and entered Abond. As the stock's press service told ArmInfo,  the first USD tranche of the Bank (ISIN - AMCOVSB22ER9) is allowed to  conclude targeted trade and repo-transactions.   

According to the source, within this emission 60000 coupon  obligations were issued with the nominal prize of $100, with a  maturity of 2 years, coupon yield of 5.75% per annum. Payments on the  coupon will be made once in half a year. On the exchange, bonds will  be traded with the exchange code COVSB2.   

To note, today on NASDAQ OMX Armenia already 31st issue of  corporative obligations of 11 issuers is quoted, 18 were implemented  by 7 issuing banks, of which 15 are USD ones. The issuing banks are  Araratbank, Ameriabank, Armswissbank, Armbusinessbank, Anelik Bank,  Unibank and Converse Bank. In addition, Ardshinbank, Prometey Bank  and Ameribank placed their bonds on the international market. 

To note, Converse Bank has been operating in the Armenian market   since September 1996. As of January 1, 2017, the Bank's shareholders   are Advanced Global Investments LLc (Eduardo Ernekian) - 80.94%,  HayPost Trust Management B.V. - 14.06%, the Cathedral of the Mother   See of Etchmiadzin - 5%, and the indirect holder of 100% of shares is   Holding Company "Blakery Assets" LTD.

POST A COMMENT
Input digits     


News
iDram
btn

Exchange rates
24.09.2020
RUB6.28-0.08
USD485.32-0.10
EUR565.06-3.56
GBP618.490.36
CAD362.13-2.35
JPY46.06-0.18
CNY71.34-0.06
CHF524.33-3.70



Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000