Monday, December 25 2017 17:40
Alina Hovhannisyan

Two tranches of mortgage bonds of UCC "FMC" admitted to trading on NasDaq OMX Armenia

Two tranches of mortgage bonds of UCC "FMC" admitted to trading on NasDaq OMX Armenia

ArmInfo. Two tranches of non-documentary mortgage coupon bonds of the Universal Credit Company First Mortgage Company in the amount of $ 500 thousand and 100 million drams (FMGCB1 and FMGCB2) are admitted to trading on the free market of Cbond exchange NasDaq OMX Armenia. As the press service of the exchange told ArmInfo, thus the bonds of these issues are allowed to enter into targeted and repurchase transactions. The underwriter and the market maker of these issues is ARARATBANK.

According to the source, within the first tranche (FMGCB1), 20,000 dollar bonds (ISIN- AMFMGCB21ER3) with a face value of $ 25 with a coupon yield of 6.5% were issued, and under the second tranche (FMGCB2) 10,000 dram bonds (ISIN-AMFMGCB22ER1) were issued with par value 10 thousand drams with a coupon yield of 10.5%. The maturity of bonds for these two issues is set at 2 years.  These bonds are secured by mortgage loans.

The issue and placement of these bonds took place on December 12, 2017, and in view of the excess of demand over the supply by 34%, it was possible to place all the presented volume.

According to Ranking of credit companies of Armenia as of Sept. 30, 2017, prepared by NA ArmInfo, the credit portfolio of UCC First Mortgage Company is 7.4 bln drams or $ 15.4 mln with annual growth of 6.8%. UKK "First Mortgage Company" has been operating in the Armenian market since April 2004.  Shareholders on 1 October 2017 are Nshan Atinizyan - 35%, Margrit Atinizyan - 35%, David Atanesyan - 30%.

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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