Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Unibank Launches Gift Cards New Education Platforms through Cooperation between AraratBank and Aren Mehrabyan FoundationTech Innovator and Winemaker Adam Kablanian Joins the Board of Trustees of the “Music for Future” FoundationUcom Reopens Sales and Service Center on Tigran Mets Avenue AraratBank Receives Visa Trusted Partnership Award 2025 Secret Santa at idplus: Anonymous Gift CardsWe condemn the unlawful actions by Armenia’s Gov. against the Armenian Apostolic Church. Jan Figel Free Style issues Armenia’s first corporate bonds in the fashion retail sector, placed by Cube InvestUnibank Completed the Placement of Its Third Issuance of Perpetual BondsScholarship for 100 Artsakh Students as Part of IDBank’s “Side by Side” Program The results of the second Junius financial literacy competition have been summarized From idea to implementation: Ameriabank Presents the Programs Implemented under My Ameria, My Armenia CSR Campaign Ucom and SunChild Launch the “Smart Birdwatching” Educational Program AraratBank Supports Digitization of "Karin" Scientific Center ArchiveWelcome to the ID booth: Big Christmas MarketWidest 5G Coverage, the Launch of the Uplay Platform, and the Integration of Cerillion: Ucom Summarizes 2025 Ucom and Armflix Present “13 Seconds” at KinoPark How to Choose a Career Path and What Skills are Considered Crucial: AraratBank on the GoTeach Platform Unibank Issues a New Tranche of Perpetual Bonds with 13.75% Coupon Unibank Became a Member of BAFT
All Timeline »
Economics

Unibank Issues the First in Armenia Perpetual Bonds

Unibank announces the placement of the first perpetual bonds in the Armenian market, with a total volume of AMD 3.5 billion and USD 9 million. The coupon yield is set at 13.75% per annum for the AMD-denominated bonds and 8.3% per annum for the USD-denominated bonds.

The issuance of this new instrument marks an important milestone for Armenia’s capital market, offering investors an opportunity to receive long-term, regular income. The yield on perpetual bonds significantly exceeds that of traditional issuances, making them particularly attractive to investors seeking extended cash flows.

Coupon payments will be made quarterly. During the first three years, the yield will remain fixed; thereafter, it will be recalculated based on the 90-day SOFR rate plus 4% for USD bonds, and for AMD bonds—based on the three-month government bond yield curve plus 6.5%. After the fifth year, the bank may exercise its call option and redeem the bonds at par value.

Unibank is one of the most active participants of the stock exchange and continues to act as a pioneer among corporate issuers, introducing new financial instruments to the Armenian capital market. As of today, the bank has placed 26 bond issuances, including the country’s first subordinated bond issue, successfully placed among a broad base of investors. This demonstrates the high level of confidence in the bank and the willingness of clients to invest in Unibank’s securities.

The Prospectus of the perpetual bonds (registered by the Central Bank of Armenia on 26.11.2025 under Decision No. 1/427A) is published on the bank’s website: www.unibank.am