Evocabank Completed Placement of First Tranche of Bonds within a Few Hours after the Commencement of Placement

The total amount of the issued bonds is AMD 500 million and USD 5 million, annual coupon yield - 10% and 5.5%, periodicity of coupon payment – once every three months; bonds maturity - 30 months.

The bonds will be listed on Armenian Stock Exchange and their price quoted by the market maker.

For the first time in Armenian financial system Evocabank bonds were available for sale also online through Bank’s EvocaTOUCH app.

With consideration of significant interest to the bonds among investors, in March Evocabank will issue the second tranche of bonds.