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Eduard Sharmazanov: Russia and Turkey will remain rivals and competitors

Zakharova about Karabakh peace process: There are issues that should be hushed up

Naira Zohrabyan to Serzh Sargsyan: Prosperous Armenia Party will win in upcoming parliamentary elections

Masis Mailyan : Baku intends to continue its "military diplomacy" with impunity

Deputy minister: Creation of a joint air defense system with Russia will only strengthen combat ability of Armenian armed forces

South Caucasus Railway CJSC sets car to auction

Beeline improves Smart tariff plans

Armenian political forces express different opinions about influence of possible Moscow-Ankara normalization on Armenia

Areximbank-Gazprombank Group offers 50% discount for renting safe deposits boxes during summer holidays

Sergey Lavrov to travel to Yerevan

Ban Ki-moon: UN concerned over violations of ceasefire in Karbakh conflict zone

Defense sure Zhirayr Sefulyan's arrest is a political order

Sharmazanov explains Serzh Sargsyan's interview: If Armenia's citizens are reluctant to vote for RPA, no one will make them do it

Rostelecom holds two seminars on sidelines of Hartak Festival

Paul Stronski: Yerevan’s security alliance with Moscow will not impede Armenia’s good ties with NATO

Armenian President: Armenia expects wider recognition of Genocide after German vote and pope's remarks

Nikol Pashinyan: Consensus on Electoral Code is ridiculous

Turkey's foreign ministry reacts to Pope Francis' visit to Armenia

By beginning of tourism season Areximbank-Gazprombank Group offers significant discounts of premium class chip cards

Geoteam CJSC is sure that mining industry is compatible with agriculture and small business

UNICEF Armenia launches a breast feeding campaign in Armenia

Activist hits parliamentarian Hrant Bagratyan during picket in front of Parliament against Joint Air Defense system with Russia

Ankara: Turkey wants speedy settlement of Nagorno-Karabakh conflict, which will meet all requirements of Azerbaijan

Turkologist: Ankara has used up all its possibilities to deny Armenian Genocide

Heritage Party: Joint Air Defense with Russia is an attempt to surrender the last elements of Armenia's sovereignty

David Harutyunyan: Next conference of donors will take place in Yerevan on June 29

Frank-Walter Steinmeier to travel to Armenia on June 29

Armenians and Azerbaijanis should take efforts towards peace, Pope Francis says

Opposition MP condemns political persecution against Zhirayr Sefilyan

Ancient Armenian city Ani may become UNESCO World Heritage Site

Tickets for Russian trains can be acquired at Yerevan railway station

"We Are the Owners of Our Country" initiative picketing Parliament building opposing ratification of agreement on joint air defense system with Russia

Pope Francis: "I am happy to have visited Armenia"

Sharmazanov: OSCE MG should react very strongly to Aliyev's refusal to implement arrangements made in Vienna and St. Petersburg

Pope Francis leaves Armenia ending his pastoral visit

Pope Francis and Catholicos of All Armenians visit Khor Virap Monastery at the foot of Ararat and launch doves of peace

Aliyev says Azerbaijani armed forces seized part of Karabakh districts during April aggression

Serzh Sargsyan: Pope Francis' calls for peace and tolerance are a powerful signal for peaceful settlement of regional problems

Serzh Sargsyan: I am sure we will find the best possible option of settlement for Nagorno-Karabakh people

President of Armenia calls on Armenians worldwide to unite to settle the three fundamental issues of the Armenian people

Karekin II and Pope Francis sign Common Declaration: "We express our hope for a peaceful resolution of the issues surrounding Nagorno-Karabakh"

Armenian President: We are grateful to Pope Francis for visiting Armenia and showing warm attitude to Armenian people

Vatican reacts to Turkey’s criticism: “Pope has never been on a Crusade, he tries to build peace rather than to wage war”

Pope Francis: “May the Armenian Church walk in peace and may the communion between us be complete.”

Karekin II: The processes of secularism are intensifying, spiritual and ethical values and views are distorted, and the family structure, established by God, is being shaken

Pontifical Divine Liturgy underway in the Mother See of Holy Etchmiadzin at the St. Trdat Open Air Altar

Ilham Aliyev: Nagorno-Karabakh will never get independence

Karekin II: More practical steps must be taken by Christian churches on the road to searching for peace

Pope to Armenian people: Your sufferings are our own

Pope Francis participates in ecumenical meeting with Patriarch of Armenian Apostolic Church, Karekin II, in Yerevan

Regional

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, 05:42

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.

 

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