Another dollar tranche of bonds expected from IDBankNovember 28, 2022 - 18:05 AMT PanARMENIAN.Net - On November 28, IDBank will issue a new nominal, coupon, non-documentary, non-convertible dollar tranche under the abbreviations AMANLBB2KER0. The bonds are issued with the following conditions: -General coverage - 5 million USD -Quantity - 50 thousand -Nominal standing -100 USD -A circulation period- 27 months -The annual interest rate- 3.75 % -The coupons will be paid quarterly․ The bonds will be placed from November 28, 2022 to February 24, 2023 inclusive. After the placement, the bonds will be listed in the AMX (Armenia Securities Exchange) and will be quoted through the Marketmaker. To get IDBank bonds it is necessary to fill in the form and take it to the Bank. After purchasing, complete information about the bonds will be available in Idram&IDBank application in the "Banking" section - abbreviation, quantity, nominal value, annual percentage yield, coupon payment date, coupon redemption date. The bond prospectus was registered on October 7, 2022 by Decision No. 1/489 A by the Chairman of the Central Bank of the Republic of Armenia. The electronic version of the prospectus and the final terms of issue are available on the official website of the Bank. Also be informed, that the dollar tranche, issued on October 24 this year, was allocated ahead of schedule, which indicates a growing demand and confidence in IDBank bonds. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |