Just one week ahead of the schedule, Unibank has completely placed 1 billion issue of AMD denominated bonds. The AMD bonds will be listed on the AMX Armenia Stock Exchange.

According to Unibank, the issue of the bank's USD bonds is currently under placing. Issue volume comprises USD 5 million with 5.3% yearly coupon income. The maturity of USD bonds is 36 months. Coupon income will be paid quarterly.

Тhe secondary listing of the bonds will be held on the Moscow Stock Exchange, which will allow Russian investors to obtain them without opening an account in Armenia.

Unibank bonds can be purchased at the bank's head office or at any of the 53 branches. The main advantages of bonds are guaranteed high income and security. According to the Law of the Republic of Armenia “On Guaranteeing the Compensation of Bank Deposits of Individuals”, the funds attracted by the nominal bonds issued by the bank are considered as bank deposits guaranteed by the Deposit Guarantee Fund.

“Another important advantage is that income from bonds listed on the Armenian Stock Exchange with a maturity of two or more years is not taxable,” said the bank.
 
Bond Program Prospectus (registered by the decision of the Chairman of the CBA on 22.01.2021 1/25A), its amendments and final release conditions are available on Unibank’s website.