Announcement

Collapse
No announcement yet.

State Saving Coupon Bonds With 7% Yield To Be Issued From January 16

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • State Saving Coupon Bonds With 7% Yield To Be Issued From January 16

    STATE SAVING COUPON BONDS WITH 7% YIELD TO BE ISSUED FROM JANUARY 16

    Noyan Tapan
    Jan 15 2007

    YEREVAN, JANUARY 15, NOYAN TAPAN. Starting January 16, the RA Ministry
    of Finance and Economy will issue state saving coupon bonds with a 7%
    annual yield. The amount of the issue is 100 million drams (about
    270 thousand USD).

    According to a press release of the press service of the RA Ministry
    of Finance and Economy, these bonds may be acquired by natural
    persons only from the service points of the ministry's treasury
    depository. Free sale will be conducted until April 6. Coupon payments
    will be made quarterly. The date of bond bayback is July 16.

    On the first day bonds will be paid by their nominal value, then -
    also by an additional payment on the nominal value.
Working...
X