Mon, 9 June
28.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

FINCA Universal Credit Organization’s $4 million worth bonds admitted to trading at NASDAQ OMX Armenia

YEREVAN, February 23. /ARKA/. FINCA Universal Credit Organization’s bonds (FNCAB1) were admitted Wednesday to trading at NASDAQ OMX Armenia, according to the stock exchange’s news release.

The company submitted for placement 160,000 coupon bonds for the amount of USD 4,000,000 with nominal value of USD 25, coupon yiled of 7.5% and maturity period of 24 months.

Purchase orders for a total of USD 4,209,069 were placed for the company’s bonds (ISIN-AMFNCAB21ER4), as a result of which the bonds were fully placed. The Issuer has attracted USD 4,003,869.33 from placement. Cut-off price of the bonds was USD 25, the cut-off yield stood at 7.5%, and the weighted average yield was 7.4470%.

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. NASDAQ OMX Armenia and Central Depository of Armenia are among the main securities market infrastructure institutions in Armenia.

The exchange offers to the market professionals a fully automated electronic trading platform. –0—

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

LATEST NEWS

spot_imgspot_imgspot_img