Third issue of corporate bonds by National Mortgage Company admitted to trading at NASDAQ OMX ARMENIA

YEREVAN, October 3. / ARKA /. Starting from October 4, 2012, the 3rd issue of corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) will be admitted to trading at Free Cbond market of NASDAQ OMX Armenia, the latter said in a press release. This issue of the company’s bonds comprises 5,000 bonds with nominal value AMD 100,000, maturity 6 months and annual yield of 9.5533%. The issue will be traded under NMCCB3 ticker symbol.  To recall, on September 25, 2012 corporate bonds by NMC RCO for a total value of AMD 477,084,616.89 was placed through stock exchange mechanism. All the value issued was placed, while bonds demand was even higher. Weighted average price was 9.5533% and the cut price stood at 9.755%.

NMC RCO’s previous issues of corporate bonds (NMCCB1 and NMCCB2) were also placed via stock exchange mechanism and later admitted to trading at NASDAQ OMX Armenia free Cbonds market. On May 24, 2012 the 1st issue of corporate bonds by NMC RCO was redeemed and its trading at NASDAQ OMX Armenia was terminated, while the 2nd issue will circulate until its maturity date on December 7, 2012.

The National Mortgage Company RCO CJSC was registered in the Central Bank of Armenia by the decision N 1/1167A of the board of the Central Bank of Armenia dated October 19, 2011 Registration certificate N 26, Activity License N 26). The only shareholder is the Central Bank of Armenia.

The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries.  In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc.  On January 27, 2009, “Armenian Stock Exchange” ojsc was officially renamed as “NASDAQ OMX Armenia” ojsc. On June 5, 2009, “NASDAQ OMX Armenia” ojsc became the owner of 100% of the shares of the “Central Depository of Armenia” ojsc. -0-

spot_img

POPULAR

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

Armenia and the French Development Agency Discuss New Areas of Cooperation

Armenia and the French Development Agency (AFD) are discussing future cooperation in the areas of irrigation infrastructure and agriculture, energy, solid waste management, and private sector development, the press service of the Armenian government reports.

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

LATEST NEWS

spot_imgspot_imgspot_img