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Nominal discount bonds issued by national mortgage company placed at NASDAQ OMX Armenia

YEREVAN, May 23. / ARKA /. On May 20, 2016 placement of nominal discount bonds (NMCCB1E) by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place at NASDAQ OMX Armenia.

The Company submitted for placement 170,000 discount bonds for the amount of AMD 1,700,000,000 with nominal value of AMD 10,000 and maturity period of 12 months.

Seventeen  transactions were concluded during the placement, as a result of  which bonds for a total of AMD 573,728,510.55 were placed. Cut-off price of the bonds was AMD 8,996.63, weighted average yield was 10.9169% and the cut-off yield stood at 11%.

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.

Currently three issues of corporate bonds by NMC (NMCCB2A, NMCCB2B և NMCCB2C) are listed on the main Abond list of NASDAQ OMX Armenia.

NASDAQ OMX Armenia is the only stock exchange currently operating in Armenia. 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.  ($1 – 477.63 drams). -0-

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