Yesterday National Mortgage Company listed the 10th issue of coupon bonds at NASDAQ OMX Armenia and was included in the Main Abond List.

These bonds of National Mortgage Company with a total value of AMD 1bln, AMD 100.000 nominal value, maturity period of 36 months and coupon yield of 10% will be traded under NMCCB2A ticker symbol and will be allowed to manual and REPO trading as well.

On April 23 NASDAQ OMX Armenia issued and successfully placed first mid-term bonds of the Company and now these bonds are listed on the main Abond list of NASDAQ OMX Armenia. Both facts evidence of high level of market participants’ trust towards the Company, which we will further strengthen in the course of our activities. Based on specifics of our operations, the Company intends to increase the volumes and yield of bonds, planned to be issued in the nearest future”, noted National Mortgage Company CEO Mr. Mher Yedigaryan.

“We highly value proactive position of National Mortgage Company in the Armenian capital market. Listing of this 10th issue of the Company’s corporate bonds on the main Abond list of NASDAQ OMX Armenia shows that the Company succeeded to gain investors trust and offer new investment instrument to the market”, noted NASDAQ OMX Armenia CEO Mr. Konstantin Saroyan.

To recall, on April 23, 2014 NMC RCO placed this issue of corporate bonds at NASDAQ OMX Armenia. Demand for the Company’s bonds amounted to AMD 2,478,193,315. From the placement the issuer has attracted AMD 981,365,520. Weighted average yield was 10.7688%, and the cut-off yield stood at 10.9501%.  

This is the first issue of the Company’s bonds listed on the main Abond list. Three other issues of bonds by NMC are currently admitted to trading and outstanding at NASDAQ OMX Armenia.