News
30.09.2022
From October 3 of this year to 2023 in the period between March10, the Bank will distribute the next tranches of dollar and dram bonds issued by it.
|
Class of bonds |
Nominal coupon |
Nominal coupon |
|
Type of bonds |
Non-documentary |
Non-documentary |
|
Nominal value per share |
USD 100 |
AMD 10,000 |
|
Number of shares |
80 000 |
100 000 |
|
Total volume per issue |
USD 8 000 000 |
AMD 1 000 000 000 |
|
Coupon income(nominal interest rate of bonds) |
5.00% per annum |
11.00% per annum |
|
Payment of coupon incomes |
In semi-annual payment intervals |
In semi-annual payment intervals |
|
Circulation period |
36 months |
36 months |
|
Secondary market |
“Armenia Securities Exchange” OJSC |
“Armenia Securities Exchange” OJSC |
|
Date of issuance |
03.10.2022 |
03.10.2022 |
|
Placement period |
03.10.2022-10.03.2023 |
03.10.2022-10.03.2023 |
|
Distributor |
“ARMECONOMBANK” OJSC |
“ARMECONOMBANK”OJSC |
|
Date of repaying the bonds |
03/10/2025 |
03/10/2025 |
After the completion of the placement, the bonds will be submitted to listing on "Armenia Stock Exchange" OJSC and will have a market maker.
The Program Prospectus has been registrated by the Central Bank of RA on 15 April 2022. You can get acquanticed with the Program Prospectus and the final terms of issue from www.aeb.amwebsite.
Bonds can be purchased by individuals and legal entities by applying to the Head Office or any branch of "ARMECONOMBANK" OJSC.
|
Payment of coupon income of dollar and dram bonds will be redeemed according to the following schedule. |
|
|
First payment of coupon incomes |
03/04/2023 |
|
Second payment of coupon incomes |
03/10/2023 |
|
Third payment of coupon incomes |
03/04/2024 |
|
Forth payment of coupon incomes |
03/10/2024 |
|
Fifth payment of coupon incomes |
03/04/2025 |
|
Sixth payment of coupon incomes and redemption of bonds |
03/10/2025 |
The electronic versions of the Software Prospectus and the final terms of issue can be downloaded from the "Prospectus" sub-section of the "Owners" section of the www.aeb.am website, and the paper version can be obtained by visiting the Head Office of “ARMECONOMBANK” OJSC, address: Yerevan, Amiryan 23/1.
We remind you that in accordance with the RA Law "On Guaranteeing the Compensation of Bank Deposits of Individuals", funds involved in nominal coupon bonds issued by the Bank are considered a guaranteed bank deposit and are guaranteed by the "Deposit Compensation Fund".
* As any financial instrument, acquisition of bonds also implies certain risks that are presented in Prospectus.
Updated: 05/10/2022 17:23