IDBank bonds can also be purchased online; 2nd tranche on its way

IDBank bonds can also be purchased online; 2nd tranche on its way

PanARMENIAN.Net - On August 3, IDBank will issue the 2nd dollar tranche of registered coupon bonds under the abbreviation AMANLBB2MER6 with the following conditions:

  • General coverage - 3 million dollars
  • The annual interest rate - 4,25%
  • A circulation period - 27 months
  • The bonds will be paid quarterly
  • Maturity date - 03.11.2025

The bonds will be placed from August 3 to September 29, 2023 inclusive.

After the placement, the bonds will be listed in the Armenian Stock Exchange OJSC. The bonds will be quoted through the Marketmaker.

From now on, the Bank's bonds can also be purchased online. To purchase bonds, you just need to go to the "Bonds" section on the IDBanking.am online platform, select the type and number of bonds and make a purchase. After purchasing the bonds, full information about them will be available in the Idram&IDBank application․

You can get all information about the bonds by following the link.

The Bond prospectus was registered by the CBA, resolution N1/489А of the Chairman of the CBA from October 7, 2022. The electronic version of the prospectus and the final terms of issue are available on the official website of the Bank.

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