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Black Sea Trade and Development Bank’s registered coupon bonds worth AMD 2 billion placed at NASDAQ OMX Armenia

17.07.2017 16:26

Black Sea Trade and Development Bank’s registered coupon bonds worth AMD 2 billion placed at NASDAQ OMX Armenia

YEREVAN, July 14. /ARKA/.  On July 14, 2017 placement of AMD denominated nominal coupon bonds (BSTBB1) issued by Black Sea Trade and Development Bank took place at NASDAQ OMX Armenia, the stock exchange said in a press release.

It said the Company submitted for placement bonds with total volume of AMD 2,000,000,000, which includes 200,000 coupon bonds with nominal value of AMD 10,000 each, coupon rate of 8.455% and maturity period of 3 years.

Purchase orders were submitted for the Bank's bonds (ISIN- AMBSTBB21ER4), as a result of which the bonds were fully placed. The Issuer has attracted AMD 2,005,573,856.5 from placement. Cut-off price of the bonds was AMD 10,000.13, the cut-off yield stood at 8.4545%, and the weighted average yield was 8.3481%.

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