IDBank issues the 1st tranche of dollar bonds of 2024
On March 21, 2024, IDBank placed registered coupon bonds under the abbreviation AMANLBB2OER2 through a public offering on the following terms:
- Total volume – 5 million dollars
- Annual interest rate – 4.25%
- Bond maturity – 27 months
- Bonds will be paid quarterly
- Maturity date – June 21, 2026.
The bonds will be placed from March 21, 2024 to May 21, 2024 inclusively.
After the placement, the bonds will be listed in the “Armenian Stock Exchange” OJSC. The bonds will be quoted through the Marketmaker.
As you know, you can easily purchase bonds online in a few clicks, without visiting a Bank branch. To purchase bonds, you just need to go to the “Bonds” section on the IDBanking.am online platform, select the type and number of bonds and make a purchase.
After purchasing the bonds, full information about them will be available in the Idram&IDBank application: the “Bonds” section of the “Banking Services” section provides the distinguishing code, quantity, face value, annual coupon yield, coupon payment date and maturity date of the bonds.
You can get all information about the bonds by following the link.
The Bond prospectus was registered by the CBA, resolution 1/520 A of the Chairman of the CBA from 18 October 2023. The electronic version of the prospectus and the final terms of issue are available on the official website of the Bank.
THE BANK IS SUPERVISED BY CBA