National Mortgage Company places corporate bonds at NASDAQ OMX ARMENIA

25.09.2012 18:18
National Mortgage Company places corporate bonds at NASDAQ OMX ARMENIA

YEREVAN, September 25. / ARKA /. On September 24 the National Mortgage Company Refinancing Credit Organization CJSC (NMC RCO) placed the 3rd issue of corporate bonds at  NASDAQ OMX Armenia.  A total of AMD 477,084,616.89 was placed through stock exchange mechanism. All the value issued was placed, while bonds demand was even higher, amounting to AMD 755,217,511.45. Weighted average price was 9.5533% and the cut price stood at 9.755%.

This is the 3rd subsequent issue of corporate bonds by NMC RCO. To recall, the 1st issue (NMCCB1) was placed via stock exchange mechanism and later admitted to trading at NASDAQ OMX Armenia free Cbonds market in late 2011. On May 24, 2012 the 1st issue of corporate bonds by NMC RCO was redeemed and its trading at NASDAQ OMX Armenia was terminated. The 2nd issue was placed on June 18, 2012 and will circulate until its redemption date on December 6, 2012.

The 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. -0-


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