On 12 February 2014 NASDAQ OMX Armenia listed the first Armenian Dram (“AMD”) denominated bonds of International Finance Corporation (IFC), a member of the World Bank Group, on the bonds main Abond list.  

This issue of total 2 bln AMD bonds, with coupon rate of 9.7%, nominal value of AMD 10,000 and maturity of 3 years will be traded under IFCCB1 ticker symbol and will be allowed to manual and REPO trading as well.

“IFC is one of key market players in real sector and banking finance and its bonds got listed on highest Abond list of NASDAQ OMX Armenia. This listing is very important in terms of introducing new instruments and diversifying investment opportunities of Armenian capital market”, noted Konstantin Saroyan, CEO, NASDAQ OMX Armenia.

“As the first foreign corporate issuer in Armenia’s capital markets, we hope that the IFC bond will promote greater focus on capital market development in the country. Efficient local capital markets are the foundation for a thriving private sector, the key driver of jobs and growth. We are committed to supporting private sector development in Armenia, to create opportunities where they are needed most,”- said Jingdong Hua, IFC Vice President and Treasurer.