PanARMENIAN.Net

ArmSwissBank becomes HSBC Bank Armenia market maker
07.02.2009 14:24 GMT+04:00

/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.