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THE BONDS ISSUED BY “ARMENIAN COPPER PROGRAM” CJSC WERE REPAID
30.03.2009
On March 26, 2009 the bonds issued by “Armenian Copper Program” CJSC in the total amount of AMD 500 million (with nominal value of AMD 50,000, maturity of 18 months and annual coupon rate of 10%) were repaid. The company paid the amount as of 27.03.2009. The allocation of bonds started since September 26, 2007. “ArmSwissBank” CJSC acted as the organizer and lead manager of the issue. On February 11, 2008 the bonds were listed in the Armenian Stock Exchange Bbond level (currently “NASDAQ OMX ARMENIA” OJSC), where “ArmSwissBank” CJSC provided double-sided quotations acting as a market-maker. Over the period of turnover of bonds transactions in amount of AMD 738 million were concluded (except for Repo transactions) that is 147.6% of the issue. From this amount about AMD 554 million, which is more than 110% of the issue, were the transactions in the Stock Exchange with average price of 11.62%. Repo transactions in amount of AMD 676.6 million were concluded with the bonds, which accounts for more than 135% of the overall issue.
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UPDATED:
28.02.2020. 15:08