Yerevan /Mediamax/. “ArmSwissBank” announced today the conclusion of bonds placement of “Valetta” Ltd’s third issue.

As Mediamax was told in “Armswissbank” press service, during September 2-13 ArmSwissBank CJSC allocated Valletta Ltd’s 8000 partial maturity coupon bonds with a total volume of AMD 400 mln through public placement.

Aiming at effective organization of the market-maker’s function in the secondary market, “ArmSwissBank” purchased bonds at the sum of 100mln drams.

In August, 2008, Valletta Ltd and ArmSwissBank CJSC signed an underwriting agreement to place 10 thousand corporate partial maturity coupon bonds with the total amount of AMD 500 mln. The face value of the bonds was established at 50 thousand AMD, the coupon rate –11% annually, the maturity term - 36 months.