FINCA Armenia Issues Multi-Denominational Bond Offering

Date: 
07 Jun 2017
Source: 
PR Newswire

FINCA Armenia announced the issuance of its first nominal, non-documentary, coupon bonds, furthering its strategy of diversifying its funding base to promote financial inclusion. 

After placement, both tranches were listed and admitted for trading in NASDAQ OMX Armenia secondary list of bonds (Bbond). It was also admitted to execute repo transactions with FINCA bonds. Since the listing, 21 trading transactions in the amount of USD 668,000 and one repo transaction in USD 500,000 have been executed with FINCA bonds on the secondary market.

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Country: 
Armenia