National Mortgage Company RCO CJSC is planning to issue and underwrite AMD-denominated coupon bonds on March 30, 2023.

ARARATBANK OJSC will act as an underwriter of bonds.

The placement of bonds will take place on Armenia Securities Exchange through an auction, scheduled for March 30, 2023, at 11:00-13:30.

The bank reminded that the nominal value of AMD-denominated bonds is AMD 10,000 with 36-month maturity period and 12% coupon yield. The company will underwrite 500,000 AMD-denominated bonds for a total volume of AMD 5,000,000,000.  

Once placed, the bonds will be listed on the Armenia Securities Exchange.