Fri, 25 July
29.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Acba bank places AMD and USD-denominated book-entry bonds through public offering

YEREVAN, June 3. /ARKA/. Acba bank is placing coupon book-entry bonds through public offering to the tune of  $3,000,000 (three million) US dollars and 2,000,000,000 (two billion) Armenian drams with 4.1% and 9.5% yields, respectively, the press service of the bank reported.

It said the maturity  period is 24 months for AMD bonds and  30 months for USD bonds. The face value of a bond in Armenian drams is 100,000 (one hundred thousand), and the face value of a bond in USD is  100 (one hundred) dollars.

To purchase bonds, investors must fill out and submit applications for the purchase of bonds to Acba bank:

– application for the purchase of bonds by individuals:

-application for purchase of AMD bonds

-application for the purchase of US dollar bonds

-application for the purchase of bonds by legal entities:

-application for purchase of AMD bonds

– application for the purchase of US dollar bonds

Under the Armenian Law On Guaranteeing the Compensation of Bank Deposits of Individuals, funds raised through registered bonds issued by  banks are considered guaranteed bank deposits insured by the Deposit Guarantee Fund.

The Acba bank is controlled by the Central Bank of Armenia. -0-

spot_img

POPULAR

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Viva Armenia CJSC bonds listed on Armenia Stock Exchange

The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img