On January 30, 2015 European Bank for Reconstructions and Development (EBRD) placed its 2nd Armenian Dram (AMD) denominated bonds (EBRDB2) via an auction that took place at NASDAQ Armenia.

Bonds for a total amount of AMD 2 billion were placed successfully through the stock exchange mechanism. The total amount of bids amounted to AMD 2.908 billion and the cut-off rate set during the auction was 17%. Placement was organized by Ameriabank CJSC, with the total number of bidder market participants being 5.

The first issue of AMD denominated bonds (EBRDB1) by EBRD is already listed at Bonds’ Main list (Abond) of NASDAQ Armenia and will be redeemed on February 02, 2015.