Tuesday, June 27 2017 19:57
Alina Hovhannisyan

BSTDB entered bond market of Armenia with hope of support

BSTDB entered bond market of Armenia with hope of support

ArmInfo. On June 27, the Black  Sea Trade and Development Bank (BSTDB) entered the bond market of  Armenia with the hope of supporting it. As the press service of the  Nasdaq OMX Armenia exchange told ArmInfo, BSTDB placed an AMD tranche  of nominal coupon bonds in the amount of AMD 2 billion. This is the  second largest AMD tranche after last year's issue of bonds of the  State National Mortgage Company (2.127 billion AMD).

When placing BSTDB AMD bonds, the demand exceeded the offer,  amounting to 2,691,574,896.50 AMD. The issue was placed completely,  as a result of which BSTDB managed to attract 2,005,573,856.5 AMD.  The cut-off price was 10,000.13 AMD, the yield on the cut-off price  was 8.4545%, and the weighted average yield - 8.3481%.

According to the source, this issue (ISIN - AMBSTBB21ER4) contains  200,000 bonds, with a nominal value of 10,000 AMD, with coupon yield  of 8.455%, with maturity of 3 years.

According to the latest data, the average weighted yield of 3-year  government bonds is 8.2273%, and the interest rate of AMD deposits  with a validity period of more than 1 year is 11.7%.

Nasdaq OMX Armenia today trades 12 issues of 9-emitter AMD bonds,  with banks issuing 5-AMD.

To note, BSTDB is an international financial organization founded by  11 countries of the Black Sea region.  BSTDB stimulates economic  development and regional cooperation by providing loans, credit  lines, guarantees, as well as investing in capital and trade  financing for projects of the public and private sectors of the  participating countries. In Armenia, BSTDB through banks provides  financial assistance to SME development.

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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