YEREVAN, December 3. /ARKA/. The number of clients of the investment company Freedom Broker Armenia and the demand they have generated over three years indicate that demand in Armenia exceeds supply, Freedom Broker Armenia Director Hovak Hovakimyan stated in response to a question from the ARKA news agency at a press conference dedicated to the placement of bonds by Team Holding.
“Such placements are needed precisely to provide investors with opportunities. Ten to fifteen years ago, people didn’t even keep much money in banks, but now the world is moving toward digitalization; people have stopped keeping money at home and prefer to keep their funds in safe deposit boxes,” he said.
In this regard, Hovakimyan cited the example of the United States, where the stock market is approximately $40 trillion, and people are becoming more aware of where they invest their money.
“Armenia isn’t that developed yet, but demand is high, and if we’re talking specifically about Team Holding bonds, we’re already seeing that demand,” he added.
Team Group co-founder Hayk Yesayan noted that, along with the digitalization of instruments, people are starting to use them more.
“You can register on an online platform, transfer funds, and make investments in a single day. I think this wasn’t possible three or four years ago. There are, of course, challenges with the pace of development, but the increased range of instruments allows people to make quick decisions and take advantage of opportunities promptly,” he said, adding that this most pressing issue has already been addressed.
According to him, the more developed the capital market, the greater its volume.
“And the less developed the capital market, the less likely an issuer of risky securities will be to issue them on the market, since the likelihood of their success is lower. There’s a paradox here: the driving force should be those companies that are successful and more confident in their prospectuses, so that people develop trust. We are one of them, and we hope that other organizations will join this campaign for such large issues,” Yesayan said.
About Team Holding Bonds
Team Holding announced the start of the placement of registered coupon bonds. The investment company Freedom Broker Armenia is the underwriter. The investment company Freedom Broker Armenia is the underwriter.
The total volume of the issuance program is $31.5 million and 1.4 billion drams.
In the first tranche, Team Holding is offering dollar bonds (total volume – $9 million; par value per bond – $100; coupon rate – 9%; maturity – 48 months) and dram bonds (total volume – 1.4 billion drams; par value per bond – 100,000 drams; coupon rate – 12%; maturity – 48 months).
The placement of the first tranche of bonds will be carried out from December 3, 2025 to March 3, 2026, and the placement of the second stage will be carried out in the first quarter of 2026.-0-
