Unibank places AMD 2 bln and $5 mln bonds ahead of schedule.

YEREVAN, March 21. /ARKA/. Unibank has completed the placement of registered coupon bonds worth AMD 2 billion and $5 million ahead of schedule.

Due to the trust of clients and favorable terms of the offer, the demand for the bonds was quite high, as a result of which the placement of the bonds was completed in a short period of time. The bonds were purchased by a wide range of investors.

The coupon yields on the issued AMD and USD bonds are 11% and 5% p.a., respectively, with a maturity of 36 months. Coupon yield will be paid quarterly. The bonds will be listed on AMX Armenian Securities Exchange.

 The main advantages of the bonds are tax-free income and security. The funds raised by the nominal bonds issued by the bank are considered as guaranteed bank deposits.

Given that the demand for the bonds his time too significantly exceeded the supply, Unibank plans to implement  a new, 24th issue in the near future.

The program prospectus (registered on 30.08.2023 N 1/434Ա), its supplements and the final terms of the issue are published at www.unibank.am. -0-

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