Sat, 26 July
28.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

EBRD issues coupon bonds worth 2bln drams in NASDAQ OMX Armenia

YEREVAN, February 12. /ARKA/. The European Bank for Reconstruction and Development (EBRD) placed its third AMD denominated bonds (EBRDB3) worth a total of 2 billion drams in NASDAQ OMX Armenia stock exchange, the press office of the stock exchange reported.

Total bid volume amounted to 2.792 billion drams, and the cut-off yield rate was 14.5%.

Placement was organized by Ameriabank CJSC, with the total number of bidder market participants being 4.

The second first issue of AMD denominated bonds (EBRDB2) by EBRD is already listed at Bonds’ Main list (Abond) of NASDAQ Armenia and will be redeemed on July 30, 2015.

EBRD is an international organization formed under the Agreement Establishing the Bank dated 29th May, 1990 (the “Agreement”), signed by 40 countries, together with the European Economic Community and the European Investment Bank. The Agreement came into force on 28th March, 1991 and the Bank commenced operations on 15th April, 1991. The Bank has currently 66 members including Armenia. The Bank’s principal office is in London.

EBRD is one of the biggest investors in Armenia. It has implemented 136 programs in thecountry by the end of 2014 worth a total of about 803 million euros.

In January 2008, Nordic exchange operator OMX Group acquired 100% of the 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 became fully owned by the NASDAQ OMX Group, Inc. On January 26, 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. Starting October 1, 2014 “NASDAQ OMX Armenia” ojsc and “Central Depository of Armenia” ojsc operate under “Nasdaq Armenia” brand. -0-

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

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.

LATEST NEWS

spot_imgspot_imgspot_img