Yerevan /Mediamax/. Corporate bonds of "VALLETTA" LLC (VALTB2 and VALTB3) will be removed from NASDAQ OMX Armenia Bbond list since August 6 and will instead be admitted to trading on the exchange's Cbond free market. 

Mediamax reports referring the official website of “NASDAQ OMX Armenia” Stock Exchange that the decision on changing the listing category was made basing on the corresponding request of the company.

Commenting on Mediamax’s request on the reason for changing the bonds’ listing category, Director of “Valletta” LLC Shahen Stepanyan stated that the decision was made aiming at cutting down approved expenses of the company.

Mediamax notes that on June 29, 2009, “Armswissbank” status of “Valletta” bonds’ market maker (VALTB2 и VALTB3) was stopped. At present, the bonds lack a market maker.

According to Investment Department Director of “Armswissbank” Karen Turyan, stoppage “Armswissbank” status of “Valletta” bonds’ market maker was conditioned by abrupt reduction in deals and inactivity of investors.

The latest 2 deals at the Stock Exchange with the company’s bonds (VALTB2) took place on June 25, 2009. The volume of the deals made 3.3mlnA MD, the yield – 16.86%.