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Society

AraratBank once again completes the bond placement ahead of schedule

On June 10 of this year, AraratBank started the regular process of placing bonds. The placement, due to be finalized on September 10 as per the terms of the bond issue, was completed on August 2.

Just as a reminder, the Bank issued 200,000 bonds with a total volume of USD 5 million, nominal value of USD 25, annual coupon yield of 5.75%, and maturity of 48 months. 

After the placement, the bonds will be listed on AMX Armenia Securities Exchange.

For complete information on the 28th issue of AraratBank dollar bonds, please follow the link.

AraratBank will continue to issue bonds. Details on new bonds will follow soon.