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Armenians around the world unite to protest Turkey and Azerbaijan PRESS RELEASE: ECR Party Criticises Arrests in Armenia The “Single Window” System developed by Armenian company IUnetworks was implemented in Tajikistan Unibank issued USD bonds with 5.25% annual yield 9th Annual Regional HR Conference. “HR: THE NEW NORMAL” Annual scholarship for young Armenian talents Ameriabank as a Promoter of Armenian Culture: Launch of “An Armenian Odyssey: The Color of Pomegranates” Festival Ameriabank Receives Two IFC Awards for Achievements in Trade-Finance Sector “Khachaturian Trio” is preparing for a large-scale tour: Karen Shahgaldyan Get a credit card with a limit of up to AMD 5 million by Unibank all.me in spotlight at Blockchain and Digital Assets Session at WCIT 2019 all.me ready to assist in increasing transit potential of Eurasian Economic Union Russian First Deputy PM: Information regarding goods on territory of Eurasian Union should be stored on single resource all.me | Tickets for WCIT 2019 available on meMarket with 25% discount all.me digital platform becomes WCIT 2019 Special Partner The first Armenian International Photo Fest opened in Yerevan supported by Tovmasyan Charity Foundation Yerevan hosts the presentation of Canadian Institute’s (YEDI) Start-Up programs (video) ANIF announces the appointment of Dominique de Villepin to its Board of Directors. OFID and Ameriabank strengthen trade and development in Armenia Intentional distortion of the Constitution is a very dangerous step. I think that the CC members should decide on stopping Vahe Grigoryan's powers. Gor Hovhannisyan

Unibank issued USD bonds with 5.25% annual yield

Unibank announced the new issue of registered coupon bonds in the amount of $5,000,000. The tranche will be launched on September 1, 2020. The par value of the bond is $100; the minimum lot being $1000, which makes the securities available to a wide range of investors, including individual entities. The placement of the newly issued bonds is scheduled until October 7, 2020.

The primary listing of the bonds will be held on the AMX Armenian Stock Exchange, while the secondary listing on the Moscow Exchange. Prior to the secondary listing, only qualified investors will be able to purchase bonds in Russia and after the completion of the listing- everyone interested. In Russia, the placement agent is GX2 Invest company, who can be contacted on all issues related to the purchase of bonds. In Armenia, the market maker is “Armenbrok” OJSC.

Unibank's USD bonds are included in the third level of Moscow Exchange’s stock exchange list (ISIN - AMUNIBB2AER2). This allows Russian investors to purchase bonds according to a facilitated scheme - without opening accounts in Armenia. To become an owner of Unibank bonds, all it takes is to open an account with the National Settlement Depository or with a custodian working in Russia.

The maturity of the bonds is 36 months. Every quarter, the owners will receive a coupon rate of 5.25% per annum, which exceeds the rates of traditional bank deposits. Let's compare: the average rate for USD deposits in Armenia does not exceed 4-4.5% per annum. For Russians, the attractiveness of this financial instrument is even higher, since the rates on USD deposits in Russia are 1.5% per annum, and the rates on dollar bonds are 1.5-2.5%. Hence, the guaranteed yield of Unibank bonds is more than twice higher.

In accordance with the Tax Code of the Russian Federation, income on Unibank bonds received by residents of the country, both individuals and legal entities, are taxed only in Russia. In Armenia, income from bonds listed on the stock exchange with a maturity of two or more years is not subject to taxation.

Bonds are a conservative financial instrument, ideal for the low-risk supporters and those who are interested in a predictable income.

Key benefits of bonds:

  • guaranteed and high yield specified in the terms of issue;
  • high liquidity: they can be quickly sold at the market price or close to it;
  • suitable for conservative investors, low risks.

The reliability of Unibank bonds is strengthened by insurance guarantees. The bank's obligations are insured by the Deposit Guarantee Fund of Armenia - for individuals, the guaranteed amount of compensation is $ 10,000.

 

“Many investors in Armenia, and now in Russia as well, have been convinced that Unibank’s bonds are an excellent way to significantly increase capital. The financial literacy of the population is increasing: people are beginning to realize that money should generate income. We highly appreciate the trust of our investors and offer a reliable, stable and highly liquid investment instrument,” comments Mesrop Hakobyan, CEO of Unibank.

Unibank has been on the bond market since 2016. In total, the bank paid out over 5 million USD and 350 million AMD to the investors. The total amount in circulation is over 17 million USD and 1 billion AMD.

Unibank is one of the leaders in the retail banking services market in Armenia. The bank accounts for about 20% of the POS loan market. The main areas of development are retail lending, financial support for small and medium-sized businesses, as well as Private Banking. The level of VIP services in this area was highly appreciated by the jury of the prestigious SPEAR'S Russia Wealth Management Awards 2018 - Unibank Privé won the nomination "Best Private Banking Client Service in the CIS".

In 2015, Unibank was the first among the country's banks to hold an IPO and place securities on the Armenian Stock Exchange. And in August 2020, a secondary listing of Unibank bonds was carried out on the Moscow Exchange, which made this investment instrument more accessible to Russian citizens.

Details on the terms of the eleventh bond issue and the issue prospectus are published on the official website of Unibank: www.unibank.am, and in the Interfax Disclosure Center:  https://www.e-disclosure.ru/portal/company.aspx?id=38120.

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