15th Issue of bonds

Announcement on public offer of nominal discount bonds issued by National Mortgage Company

On June 23, 2016 National Mortgage Company RCO is planning the issuance and placement of its nominal discount bonds.

The placement of bonds will take at the primary floor of the NASDAQ OMX Armenia.

The placement will be implemented by “Armswissbank” CJSC. The electronic version of the Notice to Investors is posted at the official web pages of National Mortgage Company RCO cjsc (www.nmc.am) and “Armswissbank” CJSC www.armswissbank.am). 

Principal terms of the Issue are listed below:

Class of  bonds	Nominal discount
Form of  bonds	Non document
Convertibility of bonds	Unconvertible
Circulation form of bonds	Free circulation bonds
Security of bonds	Bonds are secured by the pledge of the cession rights to underlying loans disbursed by Partner Financial Institutions
Allocation type of bonds	Best efforts
Face value	10,000 (ten thousand) AMD
Quantity	150,000 (one thousand fifty)
Volume of placement	1,500,000,000 one billion five hundred million AMD
Cut-off yield	11%
Placement date	23.06.2016
Placement start	23.06.2016   11:00 AM
Placement completion	23.06.2016  13:30 AM
Maturity date	23.06.2017
Formula for bonds price calculation	Y = (N - P)/Px 360/Tx 100       Whereas,   P – bond price,   N – bond face value T – time period bbetween placement and maturity, defined in days

There are no restrictions on potential investors.

Interested participants may contact members of Nasdaq OMX Armenia stock exchange, listed at http://nasdaqomx.am/am/members.htm .

For additional information please contact us Armswissbank CJSC tel: (+374 60) 757 000, (+374 10) 529 593, (+374 10) 584 419 or National Mortgage Company  tel. (+374 10) 560 741