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USD denominated coupon bonds by Аrmbusinessbank listed on NASDAQ OMX Armenia

YEREVAN, February 27. /ARKA/. Starting from February 27, 2018 USD denominated nominal coupon bonds issued by “ARMBUSINESSBANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds’ secondary (Bbond) list, the press office of the stock exchange reported on Tuesday.

Current issue of the Bank’s bonds comprises 51,000 coupon bonds with nominal value of USD 100, coupon rate of 8% and maturity period of 48 months.The bonds (ISIN – AMARBBB25ER7) will be traded under ARBBB5 ticker symbol and will be allowed to manual and REPO trading as well.

Armbusinessbank (before August 26, 2006 Arminvestbank) was registered on December 10, 1991. The bank sole shareholder is Vitaly Grigoryants. The bank became a member of NASDAQ OMX Armenia on February 27, 2009.

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.

On November 7, 2005, the Central Bank of Armenia provided a license to the stock exchange allowing it to organize foreign exchange auctions. –0—

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