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RENESA CJSC as market maker for third issue of Araratbank bonds

14.01.2010 21:16

RENESA CJSC as market maker for third issue of Araratbank bonds

YEREVAN, January 14. /ARKA/. Starting on January 15, 2010, RENESA closed joint stock company will provide buy and sell prices for the third issue of nominal coupon bonds of ARARATBANK OJSC.

As the market maker of ARARATBANK bonds, RENESA will enhance their liquidity ensuring that investors are always able to buy and sell the bonds in the secondary market on NASDAQ QMX Armenia.

This issue of ARARATBANK bonds, which is listed on NASDAQ OMX Armenia under ticker symbol ARBKB3 and consists of 25,000 bonds with nominal value of AMD 10,000 and coupon yield of 10%p.a. is due for redemption on June 27, 2011.

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