ArmSwissBank places bonds worth AMD2,600,000,000 on Armenia Securities Exchange29.03.2019
March 29, Yerevan, Armenia: On march 28 ArmSwissBank CJSC placed coupon bonds (SWISB7), denominated in Armenian dram, on Armenia Securities Exchange.
The Company submitted for placement 52,000 coupon bonds for the amount of AMD2,600,000,000 with nominal value of AMD50,000 and maturity period of 60 months. 6 transactions were concluded during the placement, as a result of which bonds for a total of AMD2,790,576,847 were placed. Cut-off price of the bonds was AMD53,603, weighted average yield was 10.4638 % and the cut-off yield stood at 10.5%.