NMC corporate bonds 4th issue placed at NASDAQ OMX Armenia

NMC corporate bonds 4th issue placed at NASDAQ OMX Armenia

PanARMENIAN.Net - Placement of the fourth issue of corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place Friady, Dec 14, at NASDAQ OMX Armenia.

A total value of AMD 948,425,776.30 was placed through the stock exchange. All the value issued was placed, while bonds demand amounted to AMD 1,074,419,323. Weighted average price was 10.7562% and the cut price stood at 10.9997%.

This is the fourth subsequent issue of corporate bonds by NMC RCO.

The first and second issues (NMCCB1 and NMCCB2) were placed through the stock exchange, admitted to trading at NASDAQ OMX Armenia free Cbonds market in 2011-2012 and later redeemed, so their trading at NASDAQ OMX Armenia was terminated. The third issue was placed on September 25, 2012 and will circulate until its redemption date on March 25, 2013.

 Top stories
The Commission aims to compensate producers who decide to not harvest some of their goods or give products away for free.
The Energy Minister thanked “our friendly country, Armenia” and his Armenian counterpart “for providing a huge assistance”.
"There have been no new talks on gas exports to Europe, but there are routes and facilities which we need to use," Majedi said.
"We are particularly pleased by a 15 percent rise in lending to small and medium-sized businesses,” the bank’s financial director said.
Partner news