Dimension Investments continues the placement of “Fast Bank” CJSC’s AMD and USD denominated 11.20% and 6% fixed-rate coupon bonds.The terms of the AMD bonds are the following: • The annual coupon rate of the bonds: 11.20%• Volume of the placement: AMD 3,000,000,000• Nominal value of one bond: AMD 100,000• Coupon frequency: quarterly• Maturity period: 30 months• Maturity date: 18.07.2026• The placement takes place between January 18, 2024 and April 18, 2024.The terms of the USD bonds are the following: • The annual coupon rate of the bonds: 6%• Volume of the placement: USD 4,000,000• Nominal value of one bond: USD 100• Coupon frequency: quarterly• Maturity period: 30 months• Maturity date: 15.06.2026• The placement takes place between December 15, 2023 and April 15, 2024. For more details about the terms of issue, please visit the following link. “Fast Bank bonds’ yield is attractive, and there is significant interest among market participants. Bonds not only ensure a fixed high income but are also flexible instruments for the secondary market. The fact that Fast Bank bonds are competitive, with attractive yields, is also indicated by the early completion of different tranches in 2023,” said Levon Movsisyan, CEO of “Dimension” CJSC. The interest income from listed bonds in the Republic of Armenia is exempt from income tax and non-resident profit tax. The funds invested in bonds issued by the bank are considered guaranteed bank deposits and guaranteed by the Deposit Guarantee Fund for the amounts stipulated by Armenia’s legislation. To learn more about the program prospectus registered by the decision of the Chairman of the Central Bank of the Republic of Armenia No. 1/408A of 09.08.2023, you can visit the following link. For more information about bonds and how to purchase them, please contact Dimension Investments at the following number: 010 54 56 70 or contact 33 branches of Fast Bank.010 510000 | www.fastbank.am 010 545670 | www.dimension.am The companies are supervised by the CBA. Tweet Views 8633