By Angela McDaniels
Tacoma, Wash., Feb. 6 - National Mortgage Co. RCO CJSC placed AMD 805 million of 12-month bonds on Wednesday.
The weighted average rate was 8.6766%, and the cut-off rate was 8.8013%, according to a company news release.
The company had planned to sell up to AMD 1 billion of the bonds.
National Mortgage is a refinancing credit organization based in Yerevan, Armenia.
| Issuer: | National Mortgage Co. RCO CJSC
|
| Issue: | Bonds
|
| Amount: | AMD 805 million
|
| Nominal value: | AMD 100,000
|
| Weighted average rate: | 8.6766%
|
| Cut-off rate: | 8.8013%
|
| Pricing date: | Feb. 5
|
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