Yerevan, Armenia, 2014-02-13 14:34 CET (GLOBE NEWSWIRE) -- On 12 February 2014 NASDAQ OMX Armenia listed the first Armenian Dram (“AMD”) denominated bonds of International Finance Corporation (IFC), a member of the World Bank Group, on the bonds main Abond list.
This issue of total 2 bln AMD bonds, with coupon rate of 9.7%, nominal value of AMD 10,000 and maturity of 3 years will be traded under IFCCB1 ticker symbol and will be allowed to manual and REPO trading as well.
“IFC is one of key market players in real sector and banking finance and its bonds got listed on highest Abond list of NASDAQ OMX Armenia. This listing is very important in terms of introducing new instruments and diversifying investment opportunities of Armenian capital market”, noted Konstantin Saroyan, CEO, NASDAQ OMX Armenia.
“As the first foreign corporate issuer in Armenia’s capital markets, we hope that the IFC bond will promote greater focus on capital market development in the country. Efficient local capital markets are the foundation for a thriving private sector, the key driver of jobs and growth. We are committed to supporting private sector development in Armenia, to create opportunities where they are needed most,” said Jingdong Hua, IFC Vice President and Treasurer.
More information on instruments traded at NASDAQ OMX Armenia is available on “Instruments” page of the company’ official web-site: www.nasdaqomx.am
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, we use our capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. In FY13, our investments climbed to an all-time high of nearly $25 billion, leveraging the power of the private sector to create jobs and tackle the world’s most pressing development challenges. For more information, visit www.ifc.org.
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
In January 2008, Nordic exchange operator OMX Group acquired 100% of the shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA became fully owned by the NASDAQ OMX Group, Inc. On January 26, 2009, “Armenian Stock Exchange” ojsc was officially renamed as “NASDAQ OMX Armenia” ojsc. On June 5, 2009, “NASDAQ OMX Armenia” ojsc became the owner of 100% of the shares of the “Central Depository of Armenia” ojsc.
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