Armswissbank becomes market maker for newly listed HSBC Bank Armenia bonds

2009-02-06 20:47:00

ArmInfo. Starting February 6, 2009, Armswissbank cjsc will provide buy
and sell prices for nominal coupon bonds of "HSBC Bank Armenia" cjsc,
which have been listed on NASDAQ OMX Armenia since February 2, 2009
under ticker symbol HSBCB1.

The press service of NASDAQ OMX Armenia reports that this issue
consists of 10,000 bonds with nominal value AMD 100,000, maturity 365
days and coupon yield 9%p.a, and is included in the Bbond list of the
stock exchange.

In its status of a market maker Armswissbank will ensure that investors
are always able to buy and sell the bonds of the issuer on NASDAQ OMX
Armenia, thus promoting the liquidity of the securities in
the secondary market.

Armswissbank has been a member of the stock exchange since September
14, 2007 and, apart from HSBCB1, is also the market maker for corporate
bonds issued by "ArmRusGasprom" cjsc (HRGAB2), which is currently the
only security on NASDAQ OMX Armenia Abond list, "Valletta" LLC (VALTB2,
VALTB3), and "Armenian Copper Programme" cjsc (ARCPB1) ` all three on
the exchange’s Bbond list.

Earlier this January, HSBC Bank Armenia also became a member of NASDAQ
OMX Armenia. The NASDAQ OMX Group, Inc. is the world’s largest exchange
company. It delivers trading, exchange technology and public company
services across six continents, and with over 3,900 companies, it is
number one in worldwide listings among major markets. NASDAQ OMX
technology supports the operations of over 60 exchanges, clearing
organizations and central securities depositories in more than 50
countries.

In January 2008, Nordic exchange operator OMX Group acquired 100% of
shares of the Armenian Stock Exchange (Armex) and the Central
Depository of Armenia (CDA). After the combination of NASDAQ and OMX in
March 2008, Armex and CDA have become fully owned by the NASDAQ OMX
Group, Inc.

On January 27, 2009, "Armenian Stock Exchange" ojsc was officially
renamed as "NASDAQ OMX Armenia" ojsc.