Coupon bonds by National Mortgage Company listed on Nasdaq OMX Armenia

YEREVAN, March 7. /ARKA/. Starting from March 07, 2018, bonds with total nominal value of AMD 300,000,000 issued by “National Mortgage Company” Refinancing Credit Organization CJSC listed on NASDAQ OMX Armenia and included in the bonds’ main Abond list.

Current issue of the Company’s bonds comprises 300,000 nominal coupon bonds with nominal value of AMD 10,000, coupon rate of 8.3% and maturity period of 36 months. The bonds (ISIN – AMNMCCB2IER0) will be traded under NMCCB2I ticker symbol and will be allowed to manual and REPO trading as well.

To recall, on February 23, 2018 placement of current bonds took place at NASDAQ OMX Armenia. Cut-off price of the bonds was AMD 10,007.82, weighted average yield was 8.1309% and the cut-off yield stood at 8.27 %.

Details of other financial instruments traded on NASDAQ OMX Armenia are available on “Instruments” page of the Company’s website: www.nasdaqomx.am.

National Mortgage Company RCO CJSC was registered in the Central Bank of Armenia by the decision N 1/1167A of the board of the Central Bank of Armenia dated October 19, 2011 Registration certificate N 26, Activity License N 26). The only shareholder is the Central Bank of Armenia. Currently three issues of corporate bonds by NMC (NMCCB2B NMCCB2G, NMCCB2H) are listed on the main Abond list of NASDAQ OMX Armenia.

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. -0-

spot_img

POPULAR

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on March 17, the Board of the Central Bank of Armenia maintained the refinancing rate at 6.50% for the third consecutive time.

Armenia has introduced a new model for assessing public debt sustainability

Armenia has introduced a new model for assessing public debt sustainability, while maintaining the previous ones.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Armenian capital market needs not only technology, but also a mature regulatory and infrastructural environment – ​​NABIX founder

The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

LATEST NEWS

spot_imgspot_imgspot_img