STATE SAVING COUPON BONDS WITH 7% YIELD TO BE ISSUED FROM<br /> JANUARY 16<br />


STATE SAVING COUPON BONDS WITH 7% YIELD TO BE ISSUED FROM
JANUARY 16

  • 15-01-2007 20:40:00   | Armenia  |  Economy
YEREVAN, JANUARY 15, NOYAN TAPAN. Starting January 16, the RA Ministry of Finance and Economy will issue state saving coupon bonds with a 7% annual yield. The amount of the issue is 100 million drams (about 270 thousand USD). According to a press release of the press service of the RA Ministry of Finance and Economy, these bonds may be acquired by natural persons only from the service points of the ministry's treasury depository. Free sale will be conducted until April 6. Coupon payments will be made quarterly. The date of bond bayback is July 16. On the first day bonds will be paid by their nominal value, then - also by an additional payment on the nominal value.
  -   Economy