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Unibank starts issuance of $5 million worth nominal bonds

13.04.2016 19:04

Unibank starts issuance of $5 million worth nominal bonds

YEREVAN, April 13. /ARKA/. Unibank has announced today the beginning of issuance of USD-denominated nominal coupon bonds with the annual yield of 8%.

The Yerevan-based bank said in a press release that it is going to issue a total of 50,000 bonds worth USD5 million. The face value of a bond is USD100.

The maturity term is 24 months with coupon profit payments to be made quarterly. The redemption of the bonds will be made on April 8, 2018.

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