Tuesday, April 12 2022 15:28

AraratBank acts as an underwriter of National Mortgage Company RCO bonds  

AraratBank acts as an underwriter of National Mortgage Company RCO bonds  

ArmInfo.

AraratBank acts as an underwriter of National Mortgage Company RCO bonds

 

National Mortgage Company RCO CJSC is planning to issue and underwrite AMD-denominated coupon bonds on April 15, 2022. ARARATBANK OJSC will act as an underwriter of bonds.

The placement of bonds will take place on Armenia Securities Exchange through an auction, scheduled for April 15, 2022, at 11:00-13:30. As a reminder, the nominal value of AMD-denominated bonds is AMD 10,000 with 36-month maturity period and 10% annual yield. The company will underwrite 500,000 AMD-denominated bonds for a total volume of AMD 5,000,000,000.  

“Investors willing to join the auction may apply to any branch of AraratBank. At that, once placed, the bonds will be listed on the Armenia Securities Exchange and will be circulated in the secondary market,” the statement reads.

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Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
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UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2