{"id":110523,"date":"2017-10-20T08:09:20","date_gmt":"2017-10-20T08:09:20","guid":{"rendered":"https:\/\/armbanks.am\/2017\/10\/20\/246797\/"},"modified":"2024-12-15T13:31:11","modified_gmt":"2024-12-15T13:31:11","slug":"conversebank-begins-placement-of-second-issue-of-usd-denominated-bonds","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/10\/20\/110523\/","title":{"rendered":"Conversebank begins placement of second issue of USD-denominated bonds"},"content":{"rendered":"<p><strong>YEREVAN, October 20. \/ARKA\/.<\/strong> Conversebank said today it began the placement of the second issue of USD-denominated bonds in the amount of $4 million. The total amount of USD-denominated bonds is $10 million. The second tranche of $4 million bonds will be placed with a circulation period of 24 months and interest rate of 5.25%. The cost of a bond is $100. Payments on the coupon will be made once every six months. The placement of the first issue totaling $6 million took place in May this year.<\/p>\n<p>After placement, the bonds will be listed at NASDAQ OMX Armenia in the corporate bonds section.<br \/>\nOn October 16 in the secondary security market USD\u2013denominated bonds were bought and sold at 5.63% and 5.33% respectively, while dram-denominated bonds at 10.5% and 9.95% respectively. According to Conversebank financial director Hrant Hakobyan, this indicates a high demand for bonds and confidence in the bank.<\/p>\n<p>Conversebank is owned by Argentina-based Advanced Global Investments LLC (80.94%), the Armenian Apostolic Church (5%) and the HayPost Trust Management B.V. Company (14.06%),<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Conversebank said today it began the placement of the second issue of USD-denominated bonds in the amount of $4 million<\/p>\n","protected":false},"author":1,"featured_media":179801,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,12147,9216],"tags":[15837,12387,14557,13854,12781],"class_list":{"0":"post-110523","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-bonds-am-en-en","9":"category-news","10":"tag-armenia-2","11":"tag-conversebank","12":"tag-denominated-bonds","13":"tag-second-issue","14":"tag-ministry-of-finance"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/110523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=110523"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/110523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/179801"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=110523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=110523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=110523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}