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.
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