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12-07-2018 16:44 4164

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ACBA-CREDIT AGRICOLE BANK starts placing USD 5 million and 700 million AMD coupon non-documentary bonds, with a yield of 5.25% and 9.50%, respectively.

The circulation term of securities in dollars is 36 months, and in drams - 24 months.

The nominal value of the bonds is $ 100 and AMD 100,000 respectively.

According to the Law of the Republic of Armenia "On Guaranteeing Bank Deposits of Individuals", the funds attracted by the Bank's nominal bonds are considered as guaranteed bank deposits and are guaranteed by the Deposit Guarantee Fund.

To buy these bonds investors will have to complete and submit an application to ACBA-CREDIT AGRICOLE BANK.

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