ArmSwissBank becomes HSBC Bank Armenia market makerFebruary 7, 2009 - 14:24 AMT PanARMENIAN.Net - From February 6, 2009, ArmSwissBank CJSC will officially announce the purchase and sale price of coupons of HSBC Bank Armenia (HSBCB1), which were recently included into the Bbond list of the NASDAQ OMX Armenia. The tranche includes 10 thousand bonds with principal value of 100 thousand AMD (some $328), with a 365-day maturity period and 9% of annual coupon yield. With the status of market maker, ArmSwissBank CJSC will maintain the solvency, thus providing the investors with a constant possibility to buy or sell bonds at a secondary market. HSBC Bank Armenia joined NASDAQ OMX Group in January 2009. 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |