Category: Exchange

Nominal Coupon Bonds by National Mortgage Company Placed at NASDAQ OMX Armenia

23.02.2018

On February 23, 2018 placement of nominal coupon bonds (NMCCB2I) issued by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place at NASDAQ OMX Armenia.   

The Company submitted for placement 270,000 coupon bonds with total nominal volume of AMD 2,700,000,000, nominal value of AMD 10,000 each, coupon rate of 8.3% and maturity period of 36 months.  

Bids for total value of AMD 6,029,065,083 were submitted for the Company's bonds (ISIN- AMNMCCB2IER0), as a result of which the bonds were fully placed. The Issuer has attracted AMD AMD 2,711,946,327.3 from placement. Cut-off price of the bonds was AMD 10,007.82, weighted average yield was 8.1309% and the cut-off yield stood at 8.27%.

Placement results for NMCCB2I bonds

 

About National Mortgage Company 

National Mortgage Company RCO CJSC was registered in the Central Bank of Armenia by the decision N 1/1167A of the board of the Central Bank of Armenia dated October 19, 2011 Registration certificate N 26, Activity License N 26). The only shareholder is the Central Bank of Armenia.

For more information about the Company please visit www.nmc.am.

Updated as of: 23.02.2018