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Araratbank to be listed and included in BBond list of NASDAQ OMX Armenia

12.01.2010 20:08

Araratbank to be listed and included in BBond list of NASDAQ OMX Armenia

YEREVAN, January 12, /ARKA/. Starting January 12, 2010, nominal coupon bonds issued by Araratbank open joint stock company will be listed and included in the Bbond list of NASDAQ OMX Armenia, NASDAQ OMX Armenia said.

This third issue of the bank's bonds comprises 25,000 bonds with nominal value AMD 10,000, maturity 18 months and annual yield of 10%. The issue will be traded under ARBKB3 ticker symbol.

Ararat bank has a proven history as an issuer with securities traded on the stock exchange: the second issue of its corporate bonds was included in NASDAQ OMX Armenia's Bbond list and was just redeemed on December 24, 2009, and the stocks of the company are currently admitted to exchange trading under ticker symbol ARBK.

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