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AraratBank Successfully Completes Bond Placement, Surpassing Expected Schedule

AraratBank recently concluded their regular auction for bonds on March 26th. The completion of the bond placement was originally scheduled for June 26th, but it was actually completed ahead of schedule on May 17th. The total volume of the bond issue was 5 million USD, with a nominal value of 25 USD. The bonds offered an annual yield to maturity of 5.75% and a maturity period of 48 months. Once the placement was completed, the bonds were listed on the AMX Armenia Stock Exchange. If you would like more information about AraratBank’s 27th bond issue in US dollars, please visit the following link. Additionally, AraratBank has plans to release new bonds in the near future.

AraratBank recently concluded their regular auction for bonds on March 26th. The completion of the bond placement was originally scheduled for June 26th, but it was actually completed ahead of schedule on May 17th. The total volume of the bond issue was 5 million USD, with a nominal value of 25 USD. The bonds offered an annual yield to maturity of 5.75% and a maturity period of 48 months. Once the placement was completed, the bonds were listed on the AMX Armenia Stock Exchange. If you would like more information about AraratBank’s 27th bond issue in US dollars, please visit the following link. Additionally, AraratBank has plans to release new bonds in the near future.

Freelance journalist specializing in the underrepresented stories of the Russian far east.