Wed, 23 July
25.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Nominal coupon bonds issued by Finca listed on NASDAQ OMX Armenia

YEREVAN, March 14. /ARKA/. Starting from March 13, 2017 nominal coupon bonds issued by “Finca” Universal Credit Organization CJSC (UCO CJSC) will be listed on NASDAQ OMX Armenia and included in the bonds’ second Bbond list, the exchange said today.

The issue of the company’s bonds, with total nominal value of USD 4,000,000, comprises 160,000 coupon bonds with nominal value of USD 25 each, coupon rate of 7.5% and maturity period of 24 months. The bonds (ISIN – AMFNCAB21ER4) will be traded under FNCAB1 ticker symbol and will be allowed to manual and REPO trading as well.

To recall, on February 22, 2017 placement of the Company’s above mentioned bonds took place at NASDAQ OMX Armenia, as a result of which the Company attracted USD 4,003,869.33. 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%.
The list of securities listed and admitted to trading on NASDAQ OMX Armenia, is available on “Financial Instruments” page of NASDAQ OMX Armenia official web-site (www.nasdaqomx.am).

“FINCA” Universal Credit Organization CJSC was founded and licensed in March, 2006 (license N13 given by Central Bank of RA). The Company was founded by “FINCA International Inc.” American organization, which transferred a part of its shares to the “FINCA Microfinance Cooperative” UA on November 01, 2011. FINCA has a wide range of branches and representations covering entire are of the Republic of Armenia and providing business, agriculture, as well as consumer credits.

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

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

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.

Euro and dollar rise against Armenian dram, as Russian ruble falls slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 14, 2025, increased by 0.23 points compared to July 11 and amounted to 384.14 drams.

LATEST NEWS

spot_imgspot_imgspot_img