Unibank has completed the process of placing AMD 1 billion and USD 5 million coupon bonds ahead of schedule. The bonds were bought within seven days.

"The demand for the bonds significantly exceeded the supply, which once again proves the high level of confidence of the population in Unibank," the bank said in a statement.

The bonds issued in the amount of AMD 1 billion and USD $5 million will be listed on the Armenian Securities Exchange AMX. The maturity of the bonds is 36 months. Coupon income will be paid quarterly.

The main advantages of the bonds are high income, not subject to taxation and safety. According to the Armenian Law "On Guaranteeing the Compensation of Bank Deposits of Individuals", funds raised from sale of registered bonds issued by a bank are considered a guaranteed bank deposit.

Taking into account the importance of profitable and long-term investment of savings for the population and the high demand for the bonds, Unibank plans to make a new issue in the amount of AMD 1 billion within next 10 days. ($1 - AMD 385.84) within 10 days.

Unibank is regulated by the Central Bank of Armenia.
Call center: +374 10 59 55 55