S. From April 19 to June 6, Fast Bank plans to allocate 100,000 AMD nominal coupon bonds with an annual yield of 11%. The total volume of issue of this series is 2,000,000,000 AMD. The bank’s bonds were issued with a 30-month maturity and quarterly coupon payments.
Nominal coupon bonds can be purchased from 33 branches of Fast Bank, the underwriter “Dimension” CJSC or other investment service companies by filling out the application-order and transferring the amount to the provided accounts by 3:30 p.m. of the given day. In order to purchase bonds, it is necessary to submit a passport, public service number, as well as bank account information.
The Bank’s press release states that according to the RA Law “On Guaranteeing the Compensation of Bank Deposits of Individuals”, funds involved in nominal coupon bonds issued by the Bank are considered guaranteed bank deposits and are guaranteed by the Fund for Guaranteeing the Compensation of Deposits. Income from listed bonds is not taxable in the case of individuals.
The Program Prospectus of Fast Bank’s bonds was registered on 09.08.2023 by the President of the Central Bank of Armenia. by decision No. 1/408A. The program prospectus and the final terms of the issue can be accessed by downloading them from the Bank’s website.
010 510000 | www.fastbank.am
The company is controlled by the Central Bank of Armenia.
This material is considered an advertisement.
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Press service
“Fast Bank” CJSC:
էլ․փոստ՝ [email protected]
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