{"id":30140,"date":"2011-11-24T18:08:06","date_gmt":"2011-11-24T18:08:06","guid":{"rendered":"https:\/\/armbanks.am\/2011\/11\/24\/234217\/"},"modified":"2024-12-15T12:53:56","modified_gmt":"2024-12-15T12:53:56","slug":"armenias-national-mortgage-company-planning-second-public-offering-for-2012","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/11\/24\/30140\/","title":{"rendered":"Armenia\u2019s national mortgage company planning second public offering for 2012"},"content":{"rendered":"<p><strong>YEREVAN, November 24. \/ARKA\/<\/strong>. Armenia\u2019s National Mortgage Company is planning the second public offering for 2012, Mher Yedigaryan, director general of the company, said on Thursday.<\/p>\n<p>The company intends to offer bonds worth AMD 2.5 to 3 billion.<\/p>\n<p>Armenia\u2019s National Mortgage Company conducted its first initial public offering (IPO) today at NASDAQ OMX Armenia stock exchange.<\/p>\n<p>Today the National Mortgage Company placed nominal discount bonds worth AMD 1 billion.<\/p>\n<p>The issue amounted to AMD 954,723,223.82. Bids at the auction totaled AMD 1,442,956,491.95.<\/p>\n<p>Yield of highest accepted bids was 9.63%, and W.A. yield of successful bids was 9.38%. Maturity term was six months.<\/p>\n<p>\u201cCapital market instruments will become key financing sources to us,\u201d Yedigaryan said. \u201cIt means that public offerings will be periodical.\u201d<br \/>\nInterest rates on loans are expected to go down in Armenia along with development of the national economy, he said.<\/p>\n<p>The government plans to narrow budget deficit in 2012, he said, and this will impact the yield of government bonds.<\/p>\n<p>National Mortgage Company is a universal credit organization established in 2009.<\/p>\n<p>According to ARKA News Agency\u2019s data, the organization\u2019s assets totaled AMD 14.7 billion and liabilities AMD 6.1 billion in late September 2011.<br \/>\nIts total capital amounted to AMD 8.5 billion and the net profit gained for nine months of this year AMD 251.5 million. ($1 \u2013 AMD 383.36). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s National Mortgage Company is planning the second public offering for 2012, Mher Yedigaryan, director general of the company, said on Thursday.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12147,9216],"tags":[15837,12313,335],"class_list":{"0":"post-30140","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bonds-am-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-mortgage","10":"tag-335"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/30140","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=30140"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/30140\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=30140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=30140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=30140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}