YEREVAN, May 30. /ARKA/. The Yerevan-based Anelik Bank said today that its second issue of nominal USD-denominated coupon bonds at Nasadq OMX Armenia stock exchange was fully placed ahead of schedule.
The second issue of bonds is worth $5 million; the maturity period is 24 months; the coupon yield is 6.25%, while interest is paid every six months. The bonds were acquired by individuals and legal entities in Yerevan and beyond it.
The bank said more than 80% of the bonds were bought by individuals, indicating a high level of public trust in the bank and its financial literacy. Anelik Bank financial officer Ruben Melikyan is quoted as saying in a press release that the bank plans to issue new tranches of bonds.
Anelik Bank was established on July 9, 1990. It is now owned by FISTOCO LTD – 59.7% and CreditBank S.A.L. – 40.3%. –0–
