Thursday, October 12 2017 17:02
Alina Hovhannisyan

Bank Anelik brought to the market the fifth anniversary issue of corporate bonds worth $ 5 million

Bank Anelik brought to the market the fifth anniversary issue of  corporate bonds worth $ 5 million

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).

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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