USD -denominated coupon bonds by Converse bank listed on NASDAQ OMX Armenia

13.12.2017 18:35
USD -denominated coupon bonds by Converse bank listed on NASDAQ OMX Armenia

YEREVAN, December 13. /ARKA/. Starting from December 13, 2017 nominal coupon bonds issued by "Converse Bank" CJSC will be listed on NASDAQ OMX Armenia and included in the bonds' main Abond list, Nasdaq OMX Armenia said.

It said the current issue of the bonds comprises 40,000 coupon bonds with nominal value of USD 100, coupon rate of 5.25% and maturity period of 24 months. The bonds (ISIN - AMCOVSB24ER5) will be traded under COVSB4 ticker symbol and will be allowed to manual and REPO trading as well.

"Advanced Global Investments" LLC (80.94 %), HayPost Trust Management B.V. Company (14.06 %) և The Armenian Apostolic Church (5 %) are the shareholders of "Converse Bank" CJSC. The Bank provides full range of banking services, including loans, deposits, payment cards, investment and custody services, remote services, on-line payments and etc. As of 01.01.2017 the Banks' assets, liabilities and total equity amounted to AMD 217,338,330 thsnd, AMD 183,270,439 thsnd and AMD 34,067,891 thsnd, respectively.

NASDAQ OMX Armenia provides its customers with fully automated trading system, offering single point of access to all types of Armenian securities, FX and credit resources. Integrated business model of NASDAQ OMX Armenia enables it to provide full package of trading services, from conclusion of a trade till its settlement. -0-


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