ArmInfo. The issue of Armswissbank's dollar bonds in the amount of $ 5 million was listed on the AMX stock exchange and included on the Bond list.
According to the press service of the bank, the nominal value of the bonds (SWISB2A) is $ 100, the coupon yield is 6.5%, and the circulation period is 72 months. Coupon payments are provided once every six months.
According to the source, this is the 10th listing of the bonds issued by Armswissbank on the Armenian Stock Exchange AMX. Moreover, the bank submitted for listing bonds with a volume of 3 million euros, which are planned to be admitted to trade transactions on 10 June.The director of the investment department of Armswissbank, Karen Turyan, noted that on the securities market the Bank is engaged in issuing its own bonds in order to raise funds. "Currently, 9 issues of Armswissbank bonds are listed on the stock exchange: drams - totaling 8 billion drams, dollar - totaling $ 36 million and euro - totaling 13 million euros. Investors are quite interested in bonds issued by the bank. This is evidenced by early primary placement in full of the last issue of dollar bonds ", - he said.
K. Turyan informed that Armswissbank in the securities market provides comprehensive services: underwriter, market maker, depositary. "Armswissbank acts as a market maker of 14 corporate securities. According to the results of 2018, Armswissbank had the largest portfolio of securities in the banking system of Armenia - over 130 billion drams," K.Turyan noted.Mikael Hayrapetyan, financial director of AMX, stated that over the past two years, there has been a significant increase in the Armenian corporate bonds market, both in the number of listed securities and in the volume of circulation. "And we hope that the activity of Armswissbank and other issuers on the securities market will serve as a good example for those organizations that are thinking about raising financing or diversifying the portfolio.Armswissbank has been a member of the Armenian Stock Exchange since September 13, 2007. The parties highly appreciate the achieved level of cooperation,This is clearly evidenced by the fact that this year Armswissbank in the competition <AMX 2019 Member of the Exchange> was recognized as the best in two nominations: <Member of the corporate securities market 2019> and <Member of the regulated market settlement system 2019>According to the Financial Rating of Banks of Armenia as of March 31, 2018, prepared by the ArmInfo IC, Armswissbank with a large margin keeps the leadership in terms of the volume of investments in government bonds -122.3 billion drams with an annual growth of 31.5%. In the total investments of banks in government bonds, the share of Armswissbank exceeds 21%.
The assets of Armswissbank accounted for 52.7% of investments in government bonds. The portfolio of investments in securities (including government bonds) of Armswissbank almost reaches 129 billion drams (55.4% in the bank's assets), and this indicator also holds the lead. As of April 1, 2019, Armswissbank attracted over 30.5 billion drams from issuing its bonds, with an annual growth of 71%. Armswissbank retains its leadership in terms of income from securities transactions - 3.3 billion drams for the first quarter of 2019. with an annual growth of 36.3%, and for the whole of 2018, the income from these transactions amounted to 11.4 billion drams with an annual growth of 41%.Recall that ZAO "Armswissbank" was established on October 7, 2004. Armswissbank is the leading bank in Armenia for the provision of underwriter, market maker, and depositary services. The Bank is an active participant in the primary and secondary securities markets. Since 2006, Armswissbank has been an agent of the government in the primary market for government bonds. The 100% stake in Armswissbank is owned by HVS Holding LLC, managed by Vardan Sirmakes and registered in Luxembourg.