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 | U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children Moscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said. Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19. |