ArmInfo. On January 19, Ameriabank will start placing the next AMD tranche of registered, coupon and non-documentary bonds in the amount of 5 billion AMD. This is indicated in the issue prospectus of this issue posted on the website of the Central Bank of Armenia, according to which the placement is planned to be completed on February 26, 2021.
Within the framework of the dram tranche, 50 thousand bonds with a par value of 100 thousand drams will be issued. The coupon yield is set at 9.75%. The frequency of coupon payments is provided once a quarter. Full repayment of this tranche is scheduled for April 19, 2023. Those who wish to purchase bonds of this issue can transfer funds to the corresponding account opened in Ameriabank - 1570043120372900.
According to AMX, as of January 15 of this year 16 issues of Ameriabank bonds are quoted on the stock exchange - 11 USD and 5 AMD ones. The total volume of the dollar issues is $ 90.710 million, and the AMD ones - 17.1 billion drams. The repayment of dollar tranches will take place in 2021-2023: in May, September and November 2021 - four tranches; in February, June, July, October and December 2022 - six tranches; and in May 2023 - one tranche. And dram tranches will be repaid in September 2021 (one), in February, July and November 2022 (four). With the placement in December 2020 of two tranches (AMD and USD) and in January 2021 of one (AMD) tranche, the volume of USD issues quoted on the exchange (already 12) will reach $ 105.71 million, and AMD (already seven) - 27.1 billion AMD.
According to the Financial Rating of Banks of Armenia as of December 31, 2019, prepared by ArmInfo IC, Ameriabank is the leader in terms of the amount of funds raised from the placement of corporate bonds - 54.6 billion drams or $ 113.8 million. In a three-year context, the bank has tripled this indicator. Ameriabank accounted for about 30% of the total volume of this indicator in the banking sector. By October 1, 2020, the volume of funds attracted by Ameriabank from the placement of corporate bonds reached 68.9 billion drams ($ 141 million), with an annual growth of 28.8%, for 9 months of this year. - by 26.2%, and in the third quarter alone - by 25.5%. Ameriabank is very active in the corporate bond market of Armenia, having started issuing its securities in March 2016, and in the same year, having initiated the first issue on the international market - in June through its investment manager - responsAbility Investments AG - successfully placed $ 20 million in debt securities in 4 Luxembourg investment funds. Ameriabank has been repeatedly recognized as "The Best Operator-Custodian of the Depository System Account in the International Securities Market".
To remind, Ameriabank, operating in the Armenian market since October 31, 1996, is a universal bank providing investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. The bank's shareholders as of October 1, 2020 are Imast Group (CY) Limited (previous name - Ameria Group (CY) Limited - 48.95%, EBRD - 17.76%, Asian Development Bank - 13.94%, ESPS Holding Limited - 11.83% and Afeyan Foundation for Armenia Inc. - 7.52%.
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