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
AraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan CanalUnibank 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
All Timeline »
Society

Converse Bank has completed the distribution of bonds

Converse Bank has prematurely completed the placement of his bonds with total amount of 3 billion AMD and 10 milion USD.The bonds will soon be listed on the AMX-Armenia stock Exchange, after which they will be put into circulation on the secondary market.

The coupon rate of the bonds in AMD and USD is 10.5% and 3.75% respectively. The coupon payment frequency is semi-annual.

Regarding to the activities on the bond market, Converse Bank notes that since 2008 the Bank has issued bonds in three currencies – AMD, USD and Euros in total volume of 41.6 billion AMD. Currently,four transhes of bonds issued by the Bank with total volume of 5 billion AMD and 10 million USD are circulating on the stock exchange.

The investments in bonds are equalised to deposits and are insured by the Deposit Guarantee Fund,the revenues from bondsare also tax-fee and are considered one of the best ways to diversify savings. The Bank added that new bonds will be issued in the near future, retaining its place among the leaders of the banking system in Armenia.

 

For full information on the issuance and distribution, the programme prospectus and the final terms and conditions visit https://conversebank.am/en/2022issue/  

Converse Bank is overseen by Central Bank of Armenia.