Converse Bank completes distribution of bonds ahead of schedule
Converse Bank has completed the distribution of nominal coupon bonds totaling 2 billion AMD and 10 million USD ahead of schedule, the bank said in a press release on Tuesday.
The coupon yield of the issued bonds is 10% and 4% respectively. The payment cycle is semi-annual.
The bank will apply to the Armenian Stock Exchange to list the distributed bonds.
Find out more here.
Converse Bank is overseen by Central Bank of Armenia.
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