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Economics

IDBank. AMD bonds issued a few days ago were placed prematurely

The placement of AMD bonds under abbreviation AMANLBB2GER8 through a public offer was finished earlier than planned.

The total volume of the issue was AMD 1 500 000 000, the annual coupon interest rate is 9,25%, the coupons are to be paid quarterly and the maturity is 27 months.

The bonds will be listed in the “Armenian Stock Exchange” and will be quoted by the Marketmaker.

The funds attracted by means of nominal bonds are considered to be guaranteed bank deposits and are guaranteed by the Deposit Guarantee Fund of Armenia.

The bond prospectus was registered by the CBA, resolution № 1/392А of the Chairman of the CBA from July 23, 2021. Resolution № 1/392А.The electronic version of the prospectus and the final terms of issue are available on the official website of the Bank.