A new bond issuance program has been announced, offering an opportunity for both individual and corporate investors. The bonds will be distributed in several tranches over a five-month period.
The total bond offering is valued at 3.0 billion Armenian drams, consisting of 300,000 units with a face value of 10,000 drams each. These non-documentary coupon bonds feature an annual yield of 10.50% and will mature after three years.
Investors will receive semi-annual coupon payments throughout the bond’s duration, with final repayment scheduled for late September 2028. Following the placement period, the bonds are expected to be listed on the local stock exchange where market making services will be provided.
Prospective investors can access detailed documentation through the bank’s official website or obtain physical copies from the institution’s main office. The bonds are available for purchase at all bank branches nationwide.
The issuing financial institution operates under the supervision of the country’s central banking authority.
