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Nasdaq Omx Armenia Introduces New Instrument, Foreign Currency Bonds

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  • Nasdaq Omx Armenia Introduces New Instrument, Foreign Currency Bonds

    NASDAQ OMX ARMENIA INTRODUCES NEW INSTRUMENT, FOREIGN CURRENCY BONDS (FX BONDS)

    Cbonds. Info
    Sept 25 2012

    FX bonds are corporate bonds, issued by companies, but nominated and
    traded in foreign currency. FX bonds can circulate in exchange market
    after being admitted to trading or listed by NASDAQ OMX Armenia.

    NASDAQ OMX Armenia will not only create opportunity for issuers and
    market participants to place securities and trade in foreign currency,
    but also to conclude repurchase agreements (REPO) with new instrument.

    Introduction of new instrument is aimed at increasing investment
    and capital raising alternatives for public and Armenian companies,
    respectively, as well as to stimulate foreign investments to Armenian
    securities market.

    http://www.cbonds.info/cis/eng/news/index.phtml/params/id/599787

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