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AMD-denominated coupon bonds by Araratbank listed on NASDAQ OMX Armenia

YEREVAN, December 20. /ARKA/. Starting from December 20, 2017, nominal coupon bonds issued by ARARATBANK OJSC have been listed on NASDAQ OMX Armenia and included in the bonds’ main Abond list, the stock exchange said.

It said the current issue of the ARARATBANK’s bonds comprises 100,000 coupon bonds with nominal value of AMD 10,000 coupon rate of 9.5% and maturity period of 24 months. The bonds (ISIN – AMARBKB2EGER5) will be traded under ARBKB2G ticker symbol and will be allowed to manual and REPO trading as well.

“ARARATBANK” Open Joint Stock Company was established as a result of reorganization of Haykap Bank, operating in the Armenian financial market since 1991. In September 2005 ARARATBANK was reorganized into a closed joint stock company and into an open joint stock company in August 2007.

Major shareholders of ARARATBANK are Flash LLC with 64.24% share, EBRD with 25.00% share and Rural Impulse Fund with 10.00% share. The Bank became a member of NASDAQ OMX Armenia on January 30, 2009. The Bank is also a Regulated Market Settlement system member, Depository System Account Operator and Pension Account Operator.

NASDAQ OMX Armenia provides its customers with fully automated trading system, offering single point of access to all types of Armenian securities, FX and credit resources. Integrated business model of NASDAQ OMX Armenia enables it to provide full package of trading services, from conclusion of a trade till its settlement. ($1- 481.54 drams). -0-

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