ArmInfo. Anelik Bank has issued the 5th jubilee tranche of dollar coupon bonds in the amount of $ 5 million, October 12 at a press conference, said the chairman of the board, financial director of the Bank Anelik Ruben Melikyan.
He noted that the nominal value of dollar bonds was $ 100, coupon yield - 5.75%, circulation period - 2 years. Coupon payments are provided once every six months. The minimum acquisition package consists of 10 bonds.
"Analyzing the anticipated demand, both from our current customers, and possibly new ones, we came to the conclusion that at the moment the higher interest is manifested specifically to dollar bonds. However, we do not exclude that in 2018, Anelik Bank will issue one more AMD tranche of bonds," R. Melikyan said, responding to the question of ArmInfo.
Head of the Program and Investment Development Department of the Bank Anelik Karen Nalbandyan added that examining the experience of the previous four tranches, one can speak about the increased interest of clients to the bonds of the bank, which are now actively developing tools on the market. At the same time, he stressed that, in comparison with other countries, the Armenian bond market has certain advantages. "Being a market, but risky tool of the bank, bonds in Armenia, like deposits, are guaranteed by the state (Deposit Guarantee Fund), but in comparison with deposits are more profitable and flexible tool," he stressed.
The investment company (IC) was the market maker of the jubilee dollar tranche. Director of IC Aram Kayfajyan noted that Anelik Bank is currently one of the most active issuers. he explained.
According to A. Kaifajyan, the number of issuers from 7 (in 17 tranches) in 2015 increased to 12 (for 38 tranches). "The deals on bonds in 2015 were committed at $ 3.5 million, and today this figure increased by 450% to $ 20 million," he said.
To note, four tranches of Anelik Bank coupon bonds are quoted on the NasdaqOMX Armenia exchange - three dollars at $ 5 million and 1 billion in AMD. The first tranche of bonds (dollar) was issued for the first time in its history by Anelik Bank in December 2016, with listing on the stock exchange on January 20, 2017. The second issue, the dollar issue, issued on February 20, 2017, was quoted on the stock exchange since June 13 this year. The third issue is a drama, released on March 15 this year with the completion of the initial placement on April 12, was quoted on the exchange since April 27, 2017. The fourth issue is a dollar issue, issued on June 29 this year with the completion of the initial placement on September 11, was listed on the stock exchange since September 23, 2017. The yield on the dollar-denominated bonds issued by the bank since the first issue on the fifth declined from 6.5% to 5.75%, and on the AMD one it was 12.25%. The circulation period of the bonds of Anelik Bank of all issued issues is set at 2 years. On the exchange, all tranches of Anelik Bank bonds are quoted in the main list of Abond.
Anelik Bank has been operating on the market since October 1996. After the additional share issue in November 2016, the membership of the Bank's shareholders changed - the entry of the Cypriot company FISTOCO LTD with a stake of 59.68% reduced the share of the former shareholder represented by the Lebanese Bank CreditBank S.A.L from 100% to 40.32%. Indirect majority shareholders are physical persons: Tarek J. Khalefe (CreditBank S.A.L) and Vartan Dilanyan (FISTOCO LTD).