{"id":250799,"date":"2023-03-07T15:22:01","date_gmt":"2023-03-07T15:22:01","guid":{"rendered":"https:\/\/armbanks.am\/2023\/03\/07\/250799\/"},"modified":"2023-03-07T15:22:01","modified_gmt":"2023-03-07T15:22:01","slug":"converse-bank-completes-distribution-of-bonds","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/03\/07\/250799\/","title":{"rendered":"Converse Bank\u00a0\u00a0completes\u00a0distribution of bonds"},"content":{"rendered":"\n<p><strong>YEREVAN, March 7. \/ARKA\/. <\/strong>Converse Bank has prematurely completed the placement of\u00a0its\u00a0bonds with total amount of 3 billion AMD and 10 million USD.<\/p>\n\n\n\n<p>The bonds will soon be listed on the AMX-Armenia&nbsp;Securities&nbsp;Exchange, after which they will be put into circulation on the secondary market.<\/p>\n\n\n\n<p>The coupon rate of the bonds in AMD and USD is 10.5% and 3.75% respectively. The coupon payment frequency is semi-annual.<\/p>\n\n\n\n<p>Regarding&nbsp;&nbsp;the activities on the bond market, Converse Bank notes that since 2008 the Bank has issued bonds in three currencies \u2013 AMD, USD and Euros in total volume of 41.6 billion AMD.<\/p>\n\n\n\n<p>Currently,&nbsp;four transhes of bonds issued by the Bank with total volume of 5 billion AMD and 10 million USD are circulating on the&nbsp;securities&nbsp;exchange.<\/p>\n\n\n\n<p>The investments in bonds are equalised to deposits and are insured by the Deposit Guarantee Fund,&nbsp;he revenues from bonds&nbsp;are also tax-fee and are considered one of the best ways to diversify savings. The Bank added that new bonds will be issued in the near future, retaining its place among the leaders of the banking system in Armenia.<\/p>\n\n\n\n<p>For full information on the issuance and distribution, the programme prospectus and the final terms and conditions visit&nbsp;<a href=\"https:\/\/conversebank.am\/en\/2022issue\/\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/conversebank.am\/en\/2022issue\/<\/a>&nbsp;<\/p>\n\n\n\n<p>Converse Bank is overseen by Central Bank of Armenia. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Converse Bank has prematurely completed the placement of\u00a0its\u00a0bonds with total amount of 3 billion AMD and 10 million USD<\/p>\n","protected":false},"author":1,"featured_media":228708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":{"0":"post-250799","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250799","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=250799"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/228708"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}