Sun, 31 August
33.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

National mortgage company places 1.2 billion drams worth corporate bonds

YEREVAN, July 15, /ARKA/. On June 24, 2014 placement of the 11th issue of corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place at NASDAQ OMX Armenia, head of the company, Mher Yedigaryan said today.

He said the company submitted for placement 120,000 coupon bonds with nominal value of AMD 10,000, coupon yield of 12% and maturity period of 60 months.

Purchase orders for a total of AMD 2,597,801,450 were placed for the company’s bonds, as a result of which the bonds were fully placed. The issuer has attracted AMD 1,207,800,730 from placement. Cut price of the bonds was AMD 10,000.08, weighted average yield was 11.824% and the cut yield stood at 11.9998%.

Currently three issues of corporate bonds by NMC are admitted to trading and outstanding at NASDAQ OMX Armenia.

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. ($1 – 407.29 drams). . –0–

spot_img

POPULAR

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Changes made to compulsory motor liability insurance in Armenia

The Armenian Bureau of Motor Insurers has launched a new feature, as reported by the Central Bank of Armenia.

ODDO BHF financial group exploring potential collaboration with Armenian public sector and private enterprises

On Thursday, Armenian Economy Minister Gevorg Papoyan welcomed a delegation from the ODDO BHF financial group, as reported by the press service of the Ministry of Economy.

Armenia’s overall public debt rose by approximately 1.8% to reach $14.1 billion as of July 2025

As of July 31, 2025, Armenia's total public debt was recorded at $14,098.6 million, an increase from $13,852.1 million as of June 30, 2025,according to the Ministry of Finance.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img