Sat, 6 September
23.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

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

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

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img