IDBank issued another tranche of dollar bonds of 2021

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 16:04,

YEREVAN, DECEMBER 21, ARMENPRESS. On December 21 of this year, IDBank, through a public offer, issued another tranche of nominal coupon bonds under the abbreviation AMANLBB2EER3.

The total amount of the nominal coupon bonds of the third issue of 2021 is USD 5 million. The bonds have a circulation period of 27 months, the annual interest rate is 4%, and the bonds will be paid quarterly.

The bonds will be placed from to March 18, 2022 inclusive. After the placement, the bonds will be listed in the "Armenian Stock Exchange" OJSC. The bonds will be quoted through the Marketmaker.

To get IDBank bonds it is necessary to fill in the form and present it to the Bank, then the bonds will immediately become visible in Idram&IDBank application. To view the bonds, it is necessary to enter the “Banking” section in Idram&IDBank application, choose the “Bonds” section where all necessary information about the bonds is presented: the abbreviation, quantity, nominal value, annual coupon interest rate, payout date and the date of redemption.

You can get the detailed information about the bonds of the Bank here.

The Bank informs also that the funds attracted by means of nominal bonds are considered to be guaranteed bank deposits and are guaranteed by the Deposit Guarantee Fund of Armenia.

The Bond prospectus was registered by the CBA, resolution N1/392A of the Chairman of the CBA from July 23, 2021. The electronic version of the prospectus and the final terms of issue are available on the official 

THE BANK IS CONTROLLED BY CBA

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS