Dimension Investments is the underwriter of “Fast Bank” CJSC’s coupon bonds, denominated in AMD, USD and EUR, with fixed interest rates of 10.25%, 6.25% and 5.25%, respectively.


Dimension Investments is the underwriter of “Fast Bank” CJSC’s coupon bonds, denominated in AMD, USD and EUR, with fixed interest rates of 10.25%, 6.25% and 5.25%, respectively.

 

 

Dimension Investments is the underwriter of “Fast Bank” CJSC’s coupon bonds, denominated in AMD, USD and EUR, with fixed interest rates of 10.25%, 6.25% and 5.25%, respectively.

 

 The placement will take place from October 11, 2024, to November 28, 2024.

The terms of the bonds are the following:

 

AMD

USD

EUR

The annual coupon rate of the bonds

10.25%

6.25%

5.25%

Volume of the placement

4,000,000,000 AMD

6,000,000 USD

2,000,000 EUR

Nominal value of one bond

100,000 AMD

100 USD

100 EUR

Frequency of coupon payment   

Quarterly

Maturity date

11.10.2027

Maturity period

36 months

Issuer

Fast Bank CJSC

 

The terms of issue of the bonds can be found on the official websites of Fast Bank and Dimension Investments.

 
"Bonds not only provide a fixed high income but are also flexible instruments for the secondary market. The competitiveness and attractive yields of Fast Bank's bonds are reflected by the early completion of various tranches in 2023 and 2024,” Dimension CJSC stated in a press release.

 

The interest income from bonds listed until the end of 2024 in the Republic of Armenia is exempt from income tax and non-resident profit tax.

 

The funds invested in bonds issued by the bank are considered guaranteed bank deposits and guaranteed by the Deposit Guarantee Fund for the amounts stipulated by Armenia’s legislation.  
 
To learn more about the program prospectus registered by the decision of the Chairman of the Central Bank of the Republic of Armenia No. 1/354 A of 11.09.2024, please visit Fast Bank’s official website via the following link.

 
For more information about the bonds and how to purchase them, please contact Dimension Investments at 010 54 56 70 or contact 33 branches of Fast Bank.

 

010 510000 |  www.fastbank.am | Fast Bank is supervised by the CBA.
010 545670 | 043 882981 | www.dimension.am | Dimension CJSC is supervised by the CBA.

 

This material is considered an advertisement.

 

 


01 October 2024, Tuesday | 1056

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