YEREVAN, July 23. /ARKA/. Fast Credit UCO, CJSC placed Friday coupon bonds (FSCRB1) and (FSCRB2), denominated in Armenian dram and US dollar respectively, on NASDAQ OMX Armenia Exchange, the stock exchange’s press office reports.
The company submitted for placement 7,000 coupon bonds for the amount of USD 700,000 with nominal value of USD 100 and maturity period of 24 months. Fourteen transactions were concluded during the placement, with bonds for a total of USD 700,000 being placed eventually.
The cut-off price of the bonds was USD 100, the cut-off yield stood at 6.9%, and weighted average yield was 6.9%. ($1– AMD 480.62). –0—
