AMD denominated coupon bonds by BLACK SEA TRADE AND DEVELOPMENT BANK listed on NASDAQ OMX Armenia14.07.2017
Starting from July 14, 2017 nominal coupon bonds issued by BLACK SEA TRADE AND DEVELOPMENT BANK will be listed on NASDAQ OMX Armenia and included in the bonds' main Abond list.
The issue of the Bank's bonds comprises 200,000 coupon bonds with nominal value of AMD 10,000, coupon rate of 8.455% and maturity period of 1 year. The bonds (ISIN - AMBSTBB21ER4) will be traded under BSTBB1 ticker symbol and will be allowed to manual and REPO trading as well.
To recall, on June 27, 2017 placement of the bank's above mentioned bonds took place at NASDAQ OMX Armenia, as a result of which the Company attracted AMD 2,005,573,856.5. Cut-off price of the bonds was AMD 10,000.13, the cut-off yield stood at 8.4545% and the weighted average yield was 8.3481%:
The list of securities listed and admitted to trading on NASDAQ OMX Armenia, is available on “Financial Instruments” page of our web-site.
About Black Sea Trade and Development Bank
The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by eleven countries of the Organization of the Black Sea Economic Cooperation. Founders of BSTDB were Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. BSTDB started operations in June 1999. The Bank supports economic development and regional cooperation in the Black Sea Region through trade and project finance lending, guarantees, and equity participation in private enterprises and public entities in the member countries. BSTDB is rated "A-" by Standard & Poor’s and "A2" by Moody's. For more information please visit www.bstdb.org.