ARSWISSBANK BECOMES MARKET-MAKER OF 3rd TRANCHE OF VALLETTA
COMPANY'S BONDS
07-10-2008 23:00:00 | Armenia | Economy
YEREVAN, OCTOBER 7, NOYAN TAPAN. Starting from October 7,
ArmSwissBank CJSC will officially announce the sale and purchase
prices of registered coupon bonds of the third tranche of
Valletta OJSC (Armex: VALTB3) on the Armenian Stock Exchange
(ASE). According to the ASE Marketing and Communication
Department, the third tranche includes 10 thousand bonds of the
nominal value of 50 thousand drams (about 166.7 dollars) each,
with 36 months' redemption period and a 11% annual coupon yield.
The indicated bonds of Valletta OJSC have been on Bbond list of
ASE since September 25, 2008.
In its status of market-maker, ArmSwissBank will ensure the
liquidity of bonds on the secondary market, providing investors
with a constant opportunity to sell and purchase bonds on ASE.
ArmSwissBank became a member of ASE on September 2007. At
present it is the market-maker of Valletta's bonds of the first
two tranches (VALTB1 and VALTB2), as well as the bonds of
ArmRusgazprom CJSC (HRGAB2), Armenian Copper Program CJSC
(ARCPB1) and Express Credit Universal Credit Organization
(XPKUB1). All the indicated securities are listed on ASE.