ARARATBANK announced the 10th bond issue
November 24, 2015
On November 24, 2015 during a press conference held at NASDAQ OMX Armenia ARARATBANK announced the 10th issue of coupon bonds by the Company.
ARARATBANK issued 80,000 coupon bonds with nominal value of USD 25, coupon rate of 7.00% and maturity of 2 years. Coupon payments will be made quarterly. Placement of the bonds will take place from November 25 till December 01, 2015. Any individual or legal entity can purchase these bonds by referring to ARARATBANK's headquarter or branches.
Mr. David Haruthunyan, Deputy CEO, ARARATBANK, noted that the bonds will be listed on NASDAQ OMX Armenia stock exchange and will have market-maker to ensure their liquidity, as well as will be allowed for conclusion of REPO agreements.
Company — AraratBank
Full nameJSC "ARARATBANK"