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Within the interval from 18 July to 11 December 2023 Armeconombank will distribute the next tranches of greenback and dram bonds issued by it.
The overall quantity of greenback bonds to be positioned quantities to AMD 5.0 mln, which incorporates 50,000 models of nominal, non-documentary coupon bonds with a nominal worth of USD 100. The annual coupon yield of bonds is 5.00%, the circulation interval is 36 months. The cost of coupon earnings will likely be made in semi-annual intervals.
The general quantity of dram bonds is AMD 1,5 bn, which incorporates 150,000 models of nominal, non-documentary, coupon bonds with a nominal worth of AMD 10,000. The annual coupon yield of bonds is 11.25%, the circulation interval is 36 months. The cost of coupon earnings will likely be made in semi-annual intervals. The reimbursement date of each greenback and dram bonds is eighteen.07.2026.
After the completion of the position, the bonds will likely be submitted to itemizing on “Armenia Inventory Change” OJSC and could have a market maker.
Bonds may be bought by people and authorized entities by making use of to the Head Workplace or any department of ARMECONOMBANK OJSC.
The Program Prospectus has been registered by the Central Financial institution of RA on 28 June 2023. You may learn and obtain the Program Prospectus and the ultimate phrases of subject from the Financial institution’s web site: https://www.aeb.am/en/arjetxter-partatomser/ and the paper model may be obtained by visiting the Head Workplace of ARMECONOMBANK OJSC, tackle: Yerevan, Amiryan 23/1.
*Funds concerned in nominal coupon bonds issued by the Financial institution are thought of a assured financial institution deposit and are assured by the “Deposit Compensation Fund” in accordance with the RA Legislation “On Guaranteeing Compensation of Financial institution Deposits of People”.
Additionally, earnings from bonds will not be taxable for people.
* As any monetary instrument, acquisition of bonds additionally implies sure dangers which are offered in Prospectus.
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