{"id":279194,"date":"2026-09-09T11:56:28","date_gmt":"2026-09-09T07:56:28","guid":{"rendered":"https:\/\/armbanks.am\/?p=279194"},"modified":"2026-09-09T12:31:27","modified_gmt":"2026-09-09T08:31:27","slug":"ebrds-amd-denominated-bonds-listed-on-amx-converse-bank-acted-as-underwriter","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2026\/09\/09\/279194\/","title":{"rendered":"EBRD\u2019s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter"},"content":{"rendered":"\n

YEREVAN, September 9. \/ARKA\/.<\/strong> The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).<\/p>\n\n\n\n

The listing ceremony was held on September 8.<\/p>\n\n\n\n

Grant Akopian, Chief Executive Officer and Chairman of the Management Board of Converse Bank; Remon Zakaria, Head of the EBRD Resident Office in Armenia; and Hayk Yeganyan, Chief Executive Officer of AMX, attended the listing ceremony.<\/p>\n\n\n\n

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Grant Akopian, Chief Executive Officer and Chairman of the Management Board of Converse Bank, noted:<\/p>\n\n\n\n

\u201cThe listing of EBRD\u2019s AMD-denominated bonds on AMX is an important development for Armenia\u2019s capital market. The issuance of such an instrument by a leading international financial institution and its availability in the domestic market contribute to deepening the financial market, expanding the range of local currency financing instruments and creating new opportunities for investors. Converse Bank attaches great importance to its participation in such initiatives and will continue to support the development of Armenia\u2019s financial ecosystem.\u201d<\/p>\n\n\n\n

Remon Zakaria, Head of the EBRD Resident Office in Armenia, said:<\/p>\n\n\n\n

\u201cThe successful issuance and listing of the EBRD\u2019s AMD-denominated bonds demonstrates our continued confidence in Armenia\u2019s financial market infrastructure and economic prospects. Developing local currency capital markets is a key priority for the EBRD, as it helps channel savings into productive investment, broadens funding options for businesses and strengthens economic resilience. We are grateful to Converse Bank and AMX for their partnership in bringing this transaction to the market and look forward to continuing our joint efforts to deepen Armenia\u2019s capital markets.\u201d<\/p>\n\n\n\n

Hayk Yeganyan, CEO of AMX, noted:<\/p>\n\n\n\n

\u201cWe are pleased to welcome EBRD\u2019s local currency bonds to AMX. EBRD has been a long-standing partner in the development of Armenia\u2019s local currency capital market for many years, and this new issuance demonstrates the continued confidence in Armenia\u2019s market infrastructure and the development potential of Armenia\u2019s local currency bond market.<\/p>\n\n\n\n

We see this listing as another important step toward building a deeper, more diversified and internationally connected capital market in Armenia.\u201d

<\/p>\n\n\n\n

EBRD\u2019s AMD-denominated bonds were placed through an auction on the Securities Placement Platform of AMX. Converse Bank acted as the underwriter, arranging the bond issuance and the guaranteed placement of the bonds.<\/p>\n\n\n\n

The total nominal amount of the issuance was AMD 5 billion. The bonds have a floating coupon rate, a maturity of 36 months, and semi-annual coupon payments.
For further information:<\/p>\n\n\n\n

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  • +374 10 511 211<\/li>\n\n\n\n
  • conversebank.am<\/li>\n<\/ul>\n\n\n\n

    Converse Bank is supervised by the Central Bank of the Republic of Armenia.<\/p>\n","protected":false},"excerpt":{"rendered":"

    The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).<\/p>\n","protected":false},"author":5,"featured_media":279188,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12315,9214,9216],"tags":[12491],"class_list":["post-279194","post","type-post","status-publish","format-standard","has-post-thumbnail","category-announces","category-banks-en-en","category-news","tag-converse-bank"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t