ArmSwissBank becomes HSBC Bank Armenia market maker
From February 6, 2009, ArmSwissBank CJSC will officially announce the purchase and sale price of coupons of HSBC Bank Armenia (HSBCB1), which were recently included into the Bbond list of the NASDAQ OMX Armenia.
The tranche includes 10 thousand bonds with principal value of 100 thousand AMD (some $328), with a 365-day maturity period and 9% of annual coupon yield.
With the status of market maker, ArmSwissBank CJSC will maintain the solvency, thus providing the investors with a constant possibility to buy or sell bonds at a secondary market.
HSBC Bank Armenia joined NASDAQ OMX Group in January 2009.
The tranche includes 10 thousand bonds with principal value of 100 thousand AMD (some $328), with a 365-day maturity period and 9% of annual coupon yield.
With the status of market maker, ArmSwissBank CJSC will maintain the solvency, thus providing the investors with a constant possibility to buy or sell bonds at a secondary market.
HSBC Bank Armenia joined NASDAQ OMX Group in January 2009.
