Thursday, July 2 2020 15:58
Karine Melikyan

Armswissbank successfully placed tranche of Eurobonds in the amount  of 5 mln 

Armswissbank successfully placed tranche of Eurobonds in the amount  of 5 mln 

ArmInfo. Armswissbank has  successfully placed a tranche of Eurobonds in the amount of 5 million  euros. According to the press service of the bank, this tranche was  issued on June 1 and, as envisaged, the initial offering ended on  July 1.

According to the source, as part of this tranche, 50 thousand  registered coupon non-documentary bonds with a nominal value of 100  euros each were issued. The yield on the coupon is 3.5% per annum,  with a periodicity of coupon payments every six months. The maturity  period of the bonds of this issue (AMSWISB2EER8) is 5 years.

It is noteworthy that in parallel with this issue, the bank placed  one tranche of dollar bonds in the amount of 10 million and one  tranche of AMD bonds in the amount of 10 billion. In particular, on  June 1 the entire tranche of dram bonds was successfully placed on  the AMX Armenian Stock Exchange, and on June 3 - earlier than  provided deadline - the placement of an open subscription tranche of  dollar bonds ended.

The press service informs that currently 11 tranches of Armswissbank  bonds are in circulation (including the latest three issues), of  which 5 are dollar ones in the total volume of $ 41 million, 3 AMD  tranches in the total volume of 18 billion drams and 3 are euro in  the total amount 18 million euros. Of these tranches, only the last  three issues (dram, dollar and euro) are undergoing listing, and the  rest are quoted on AMX. In parallel, Armswissbank successfully repaid  three tranches of dollar bonds in a total volume of $ 10 million.

According to the Financial Rating of the Banks of Armenia prepared by  ArmInfo IC as of December 31, 2019, Armswissbank was in the TOP-3 in  terms of funds raised from corporate bonds. As of the reporting date,  this volume amounted to 32.5 billion drams or $ 67.7 million, having  increased by 19.6% in 2019.  Armswissbank's share reaches about 18%  in the total volume of this indicator for the market, 

To recall, Armswissbank CJSC was established on October 7, 2004. As  of April 1, 2020, HVS Holding LLC, controlled by Vartan Sirmakes and  registered in Luxembourg, holds the 85.53% stake in Armswissbank,  while the remaining 12.47% is owned by FMTM Distribution Ltd, Vartan  Sirmakes and Chrono Star International Participations Group Franck  Muller S.a.r.l. is an indirect shareholder. 

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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