MNC corporate bonds 3rd issue admitted at NASDAQ OMX Armenia

MNC corporate bonds 3rd issue admitted at NASDAQ OMX Armenia

PanARMENIAN.Net - Starting from October 4, 2012, the 3rd issue of corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) will be admitted to trading at Free Cbond market of NASDAQ OMX Armenia.

This issue of the company’s bonds comprises 5,000 bonds with nominal value AMD 100,000, maturity 6 months and annual yield of 9.5533%. The issue will be traded under NMCCB3 ticker symbol.

On September 25, 2012 corporate bonds by NMC RCO for a total value of AMD 477,084,616.89 was placed through stock exchange mechanism. All the value issued was placed, while bonds demand was even higher. Weighted average price was 9.5533% and the cut price stood at 9.755%.

NMC RCO’s previous issues of corporate bonds (NMCCB1 and NMCCB2) were also placed via stock exchange mechanism and later admitted to trading at NASDAQ OMX Armenia free Cbonds market.

On May 24, 2012 the 1st issue of corporate bonds by NMC RCO was redeemed and its trading at NASDAQ OMX Armenia was terminated, while the 2nd issue will circulate until its maturity date on December 7, 2012.

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