YEREVAN, Armenia, Nov. 7, 2018 /PRNewswire-PRWeb/ -- Terms and conditions are as follows: annual USD coupon interest rate is 5.5 % with a repayment period of 36 months. The nominal bond value is USD 100, the total volume of issuance is USD 5 million. The payment of coupon rate is made on quarterly basis.
Bonds may be obtained by applying at one of the 46 branches of the bank or at the Head office.
"Bonds are one of the most favorite ways of keeping and multiplying our clients' savings. Bonds have a high profitability, which is constantly paid with three months frequency. The successful issuance of the previous issues proves clients' trust for the bank. We offer a high profitability of investment, a safe and realizable option. The USD bonds of the bank are on the Abond list of NASDAQ OMX ARMENIA", says Mesrop Hakobyan, CEO of Unibank.
According to the RA Law on "Guaranteeing Compensation of Bank Deposits," funds attracted by the bonds are considered to be Guaranteed Bank Deposits and are guaranteed by the "Deposit Guarantee Fund of Armenia."
SOURCE Unibank
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