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Nine issue bonds of Armenia’s National Mortgage company allowed for trading at NASDAQ OMX Armenia

21.02.2014 14:33

Nine issue bonds of Armenia’s National Mortgage company allowed for trading at NASDAQ OMX Armenia

YEREVAN, February 21. /ARKA/. The ninth issue bonds of Armenia’s National Mortgage Company were allowed for trading at NASDAQ OMX Armenia Friday. A total of 8,050 NMCCB9 discounted registered bonds will circulate in the Cbond market, the press office of the stock exchange reported.

Total volume of the bonds allowed for trading is 805 million drams and maturity period is one year, according to the report.

The National Mortgage Company (NMC) placed its 9th bond issue worth 1 billion drams on NASDAQ OMX Armenia stock exchange on February 5 through a closed (European) auction. A total of 10,000 bonds are tradable in denomination of 100,000 drams; maturity period is 12 months. Bids amounted to 924,419,680 drams; bids worth a total of 741,058,200 drams were accepted.

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