By Toni Weeks
San Luis Obispo, Calif., May 13 - National Mortgage Co. announced that it placed the fifth issue of Refinancing Credit Organization CJSC discount corporate bonds with a total value of AMD 954,559,170.4 on the Nasdaq OMX Armenia, according to a press release.
The six-month bonds, which had a weighted average price of 9.3647% and a cut price of 9.5006%, also have the right to circulate in REPO market and manual trading.
The demand for the bonds was AMD 1,192,915,825 on April 14, when the bonds were placed.
The first, second and third issues were placed through the stock exchange, admitted to trading in 2011 to 2012 and later redeemed, the release noted. The fourth issue was placed on Dec. 16 and will circulate until its redemption date on June 16.
The refinancing credit organization is based in Yerevan, Armenia.
| Issuer: | National Mortgage Co.
|
| Issue: | Corporate bonds
|
| Amount: | AMD 954,559,170.40
|
| Weighted average price: | 9.3647
|
| Cut price: | 9.5006
|
| Maturity: | Six months
|
| Pricing date: | April 14
|
| Settlement date: | May 13
|
| Symbol: | Nasdaq OMX Armenia: NMCCB5
|
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