NASDAQ OMX Armenia hosted Tuesday, Nov 6, an official ceremony dedicated to listing of Araratbank OJSC currency bonds.

“The move will contribute to speedy development of the Armenian capital market,” NASDAQ OMX Armenia CEO Konstantin Saroyan said.

David Harutyunyan, deputy executive director of Araratbank, in turn, noted that the bank gained 163 investors as a result of issuing currency bonds.

“Today, the population shows increased interest in bond investing,” he said, adding that the success will inspire the bank to come up with new proposals in 2013.

Araratbank announced about the 5th issue of its corporate bonds on October 1. The issue comprised 40,000 coupon bonds with nominal value of USD 25, 9% annual yield and maturity period of 36 months