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Acba Bank Issues Bonds with 11% and 6% Yield in AMD and USD
2024-10-21

Acba bank has launched a public offering of non-documentary coupon bonds with a total amount of USD 15,000,000 (fifteen million) and AMD 5,000,000,000 (five billion).

The Bank will allocate USD 150,000 (one hundred fifty thousand) bonds and AMD 50,000 (fifty thousand) bonds. The annual yield on the bonds is 6% for USD and 11% for AMD.

The bonds have a circulation period of 60 months. The placement will commence on October 21, 2024, and will continue until December 2, inclusive.

The nominal value of one bond is AMD 100,000 (one hundred thousand) for AMD-denominated bonds and USD 100 (one hundred) for USD-denominated bonds.

To purchase bonds, the investor must complete and submit a bond purchase application to the Bank.

Bond purchase application for individuals:

Bond purchase application for legal entities:

According to RA law "On Guaranteeing Compensation of Bank Deposits", the funds attracted through the nominal bonds issued by the Bank are considered guaranteed bank deposits and are guaranteed by the "Deposit Guarantee Fund”.

In case of any discrepancies in the information contained in the Site, as well as inaccurate texts in a foreign language, please be guided by the Armenian version. 05.11.2024 14:29