Armeconombank has completed ahead of schedule the placement of the next tranche of AMD-denominated bonds with a total volume of AMD 3 billion.
The bonds carry an annual coupon yield of 10.00%, with semiannual coupon payments. The circulation period is 36 months, and the maturity date is March 2, 2029.
The bonds will be listed on the Armenia Stock Exchange and will be quoted by a Market Maker.
Coupon payments and redemption of the bonds will be carried out according to the following schedule:
You can find detailed information about the bonds in the prospectus.
In accordance with the RA Law "On Guaranteeing Compensation of Bank Deposits of Individuals", funds attracted by the Bank through the issuance of registered coupon bonds are considered guaranteed bank deposits and are insured by the Deposit Guarantee Fund.