Unibank Issues Bonds with Attractive Coupon Rates

Unibank has issued two types of bonds in Armenia's currency (AMD) and US dollars, offering attractive returns for investors. The AMD-denominated bonds have an annual coupon rate of 10.3%, while the USD-denominated bonds offer a 6% annual return.

The total volume of these bond issues is significant, with 3 billion drams and 3 million US dollars available. The bonds will mature in 36 months, with quarterly coupon payments made to investors.

Unibank, an active participant in Armenia's capital market, has issued a large number of bonds before, with the total volume exceeding AMD 50 billion. The funds raised through these bonds are guaranteed by the Deposit Guarantee Fund, subject to certain limits and conditions set out in Armenian law.