Newsfeed

New appointments at VTB Bank (Armenia)

Armenian President: Denial of Armenian Genocide turns present-day Turkish authorities into accomplices to the crime committed by Young Turks

President Serzh Sargsyan attends opening of Komitas Museum-Institute

Spokesman of Armenian DM: I will not be surprised if tomorrow Azerbaijan destroys an Armenian intercontinental ballistic missile

Action of protest held in front of OSCE Office in Yerevan

Tension on Line of Contact is unlikely to develop into large-scale military operations, Azeri expert says

Well-known actor Vardan Petrosyan sentenced to 5 years in jail

Armenian Defense Ministry: Two Armenian servicemen wounded as a result of Azeri sabotage attack

Small business representatives heading towards president's residence protesting against Law on Turnover Tax

Azeri raiders convicted in Artsakh apply to Court of Appeal

Gevork Kostanyan: Armenian people had to protect their own history against distortion at ECHR

Haaretz: President of Israel touches upon Armenian Genocide

Francois Hollande calls on Turkey to dispel stereotypes and recognize Genocide of Armenians

Armenian armed forces rebuff a new Azeri sabotage attack on the border in Tavush region

Armenian delegation to PACE voices issue of Armenian Genocide in Ottoman Turkey

Small HPPs constructed on rivers to get green passports

Verdict on "Perincek vs. Switzerland" case will be announced within 6-8 months

Official Stepanakert thinks extradition of Dilham Askerov may not be debated

OSCE Minsk Group co-chairs voice their concern over growing tensions in Karabakh conflict zone

Eduard Sharmazanov: "OSCE MG's latest statement was unprecedented, as the mediators took Baku down a peg for the first time ever "

President of Armenia: "Artsakh's right to live in freedom is undisputable"

Artsvik Minasyan: Any integration is senseless for unreformed economy of Armenia

Armenia's Energy Ministry plans to sell part of Nairit Plant's assets

Armenian Defense Minister: Transfer of Valery Permyakov to Armenian law-enforcers was not discussed at the meeting with Arkady Bakhin

Expert: Armenian law-enforcers are not involved in Permyakov case investigation to full extent

British Film Festival 13th Love Edition to kick off in Yerevan on Feb 14

Changes in Russia-Middle East relations cannot but affect Armenian-Russian military strategic cooperation

Armenian FM: Armenia and Iran have no problems concerning their joint projects

Global Finance: In 2015 Ameriabank named the best trade finance bank of the year in Armenia

Armenian Defense Minister: Azerbaijani raider's fate must be discussed with authorities of Nagorno Karabakh only

OSCE chairperson-in-office calls on the parties to the Karabakh conflict to ensure a full ceasefire

Armenia to appear in first semifinal of Eurovision Song Contest 2015

Foreign minister of Iran: Teheran hopes to tackle issue of Russia's S300 supplies as soon as possible

Serzh Sargsyan: It might have been possible to prevent the crimes committed under veil of WWII had the crimes against humanity committed during WWI earned unequivocal international condemnation

Newspaper: Permyakov was not acquainted with Avetisyans family

India Ambassador to Armenia welcomes level of bilateral cooperation

Expert: Russia's every decision directly affects Armenia

Richard Giragosian: After aligning with EEU, Armenia faced security threats

Police: Valery Permyakov might have acted not alone

Armenian FM: Armenia's stance on Karabakh is similar to that of Russia, France and the United States

President of Armenia: We have prepared many surprises for hotheads in Azerbaijan

Expert: Defense capability of Armenian armed forces is much higher than offensive ability of Azerbaijan

Armenian FM: Armenia and Russia are unanimous that trial of the Gyumri murder case must be transparent

Political expert: Azeri provocations on the border occur following tragic events in Gyumri

Expert: Turkish president will not change his rhetoric on threshold of Centenary of Armenian Genocide

Edward Nalbandian: Doubts about Baku's reasonableness are growing with every passing day

SME representatives demand that Armenian Government should suspend Law "On Turnover Tax"

Three Azeri soldiers killed and two wounded as a result of ceasefire violation by Azerbaijan

Turcologist: No serious events in Armenia on threshold of Centenary of Armenian Genocide are observed yet

NATO plays no role in Karabakh conflict settlement but supports OSCE Minsk Group's efforts

Armswissbank: The mid-term bonds of the National Mortgage Company (NMC) (of the 10th tranche) are a profitable and effective injection

  • by Elita Babayan

  • Wednesday, May 28, 00:42

The mid-term bonds of the National Mortgage Company (NMC) (of the 10th tranche) are a profitable and effective injection,_ deputy executive  director, head of the investment department of Armswissbank, being the market-maker of the corporate papers of the NMC, Karen Turyan, told Arminfo correspondent.  He recalled that the demand for the corporate mid-term bonds of the NMC surpassed supply by 2,5 times and amounted to about 2,5 billion AMD in the conditions when the placement was guaranteed. 

He said that as a market-maker the bank purchased just 50 million AMD. 

When touching on the general market tendencies, he said a tendency of decrease of interest rates of the state bonds has been noticed at the securities market. This raises attractiveness of the corporate securities. He thinks that by the end of 2014, when the issue of introduction of the mandatory pension system will be  finally resolved in Armenia, the activeness among  potential issuers  of the bonds will grow. 

On 19 May 2014 NASDAQ OMX Armenia granted "Armswissbank" cjsc, which is the exchange member since September 14, 2007, status of market maker for the 10th issue of corporate bonds, issued by "National Mortgage Company" RCO CJSC (NMCCB2A) and listed on the exchange's Abond list. 
To note, on 15 May 2014 this issue of the NMC's bonds comprising 10,000 coupon bonds for a total value of AMD 1 bln, maturity period of 36 months and coupon yield of 10%, was listed on Abond list of NASDAQ OMX Armenia and allowed to manual and REPO trading. 

As a market maker of mentioned bonds, Armswissbank will provide liquidity, thus enhancing investors' opportunity to buy and sell the bonds in the secondary market. Noteworthy that Armswissbank is also the market maker of the common nominal stocks issued by "Artsakh HEK" ojsc (AHEK) and listed on NASDAQ OMX  Armenia's secondary (B) list.
Armswissbank was established on October 7, 2004 as a closed joint stock company and on February 25, 2005 was granted banking license N84 by the Central Bank of Armenia. The Bank's shareholders are Mr. Vardan Sirmakes:  CEO, founder and 100% owner of "Frank Muller Watchland" company and BELEGGINGSMAATSCHAPPIJ JONGO B.V., owning 80% and 20% of the Bank's shares, accordingly. Armswissbank works in three main directions: corporate, investment and private banking.

 

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields