Tue, 29 April
11.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Unibank offers USD-denominated coupon bonds with high yield of 4.8%

YEREVAN, December 2, / ARKA /. Unibank said today it has issued US dollar–denominated bonds with high annual coupon yield of 4.8% to the tune of $5 million and 36 month circulation term. According to the bank, coupon income will be paid quarterly.

The placement of the issue is expected to be completed by December 27, 2021, after which the bonds will be listed on the AMX Armenia Securities Exchange.

According to the Law of the Republic of Armenia On Guaranteeing the Compensation of Bank Deposits of Individuals,  funds attracted by the nominal bonds issued by a bank are considered as bank deposits guaranteed by the Deposit Guarantee Fund.

Income from bonds listed on the Armenian Securities Exchange with a maturity of two years or more is not taxable.

The prospectus of the bond program /registered on 22.01.2021, according to Decision 1/25A), its supplements, as well as the final terms of the issue are published on www.unibank.am. -0-

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

In Armenia, remittances have begun to recover after a 35% decline in 2024

On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

LATEST NEWS

spot_imgspot_imgspot_img