OREANDA-NEWS. June 03, 2014. Central Bank of the Republic of Armenia registered the prospectus for ARARATBANK nominal, non-convertible, with buyback opportunity, undocumented coupon bonds. Taking into consideration market demand for foreign currency instruments ARARATBANK offers USD bonds with 8% profitability, nominal value of USD 25 and maturity of 48 months.

Number of securities will be 40 thousand, total issueance will amount at USD 1 000 000. The eighth issuance bonds will also be listed at “ NASDAQ OMX Armenia” Stock Exchange and will be quoted by market makers.

Both legal and physical entities may acquire ARARATBANK corporate bonds at the Head of or any Branch of ARARATBANK from May 31st till June 20th.

Pursuant to the Law of RA on “Guarantee of Remuneration of Bank Deposits of Physical Entities” funds attracted through nominal bonds issued by the Bank shall be considered as bank deposit and shall be guaranteed by “ Deposit Guarantee Fund”.