NasdaqOMX Armenia successfully launched primary distribution of state bonds, which until then was held at the Central Bank exchange. It started with intermediate state bonds-three year old AMGN36294202 and five-year-old AMGN60294227.
The launch of state bonds concurrently to long-term tranche AMGB2029A374 was held on April 29, and the extent of emissions each of these releases amounted 200bln AMD. Long-term launch will be allocated in June, the mentioned middle term releases are being allocated gradually (8-10bln AMD).
According to the information of exchange-stock’s press-service, during biddings the extent of presented triennial AMGN36294202 requests amounted 12.832bln AMD, and five-year-old AMGN60294227-19.507 bln AMD. In both cases the extent of supplied applications totaled 10bln AMD. Weighted average return on AMGN36294202 formed 8.3498%, within the profitability under the cut price of 8.6%, and correspondently 9.27772% and 9.43% on AMGN60294227. Profitability on coupon launch AMGN36294202 is set for 8%, AMGN6029447 is set for 9%. Payouts on coupons are provided for once a half-year. State bonds launch under international registration code ISIN.
According to renewed regulations, allocation, circulation and redemption of state bonds, from now on the first day of primary allocation will be applied only competitive requests, and those agents, who managed to gain state bonds on the first day on competitive requests, can get next day by noncompetitive requests.

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