Two issues of mortgage bonds (FMGCB1 and FMGCB2)of the "FIRST MORTGAGE COMPANY" UCO with a nominal value of 500,000 dollars and 100,000,000 AMD were permitted to trade on the free Cbond market of NASDAQ OMX Armenia.

According to the stock exchange's press service, were also allowed target and repo transactions with the specified bonds. ARARATBANK is the underwriter and market maker of these issues.

According to the source, the company's FMGCB1 short-term bonds (ISIN-AMFMGCB21ER3) include 20,000 nominal coupon bonds with nominal value of US $ 25, 6.5% coupon rate and 24-month circulation term, and FMGCB2 short-term bonds (ISIN-AMFMGCB22ER1) , coupon bonds at nominal value of AMD 10,000, with 10.5% coupon rate and a 24-month circulation term. Securities are secured by mortgage loans.

It should be noted that the issuance and placement of these bonds took place on December 12, 2017 and due to 34% demand over supply, it was possible to allocate the entire amount.

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