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Coupon Bonds Of "ARARATBANK" Assigned "Abond" Level

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  • Coupon Bonds Of "ARARATBANK" Assigned "Abond" Level

    COUPON BONDS OF "ARARATBANK" ASSIGNED "ABOND" LEVEL

    Mediamax News Agency, Armenia
    May 23 2007

    Yerevan, May 23 /Mediamax/. The coupon bonds of "ARARATBANK" CJSC,
    which underwent listing in the Armenian Stock Exchange, are assigned
    the "Abond" level.

    "Assigning the bonds of "ARARATBANK" CJSC "Abond" level by the
    Armenian Stock Exchange means that the given bonds, according to the
    results of their financial activity, meet the strictest requirements
    of the upper level of listing of bonds, established by the Exchange",
    Mediamax was told in the press service of "ARARATBANK".

    Coupon bonds of "ARARATBANK" CJSC are emitted for the term of 12
    months circulation, with the nominal value of 10.000 drams and annual
    interest rate of 8%.
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