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Starting from May 26, 2017 nominal coupon bonds issued by "Converse Bank" CJSC will be listed on NASDAQ OMX Armenia and included in the bonds' main Abond list., NASDAQ OMX Armenia reported in a released statement. 

According to the source, current issue of the Company's bonds comprises 60,000 coupon bonds with nominal value of USD 100, coupon rate of 5.75% and maturity period of 24 months. The bonds (ISIN - AMCOVSB22ER9) will be traded under COVSB2 ticker symbol and will be allowed to manual and REPO trading as well.

The list of securities listed and admitted to trading on NASDAQ OMX Armenia, is available on “Financial Instruments” page of NASDAQ OMX Armenia official web-site (www.nasdaqomx.am).

As a note to release the source said "Converse Bank" Closed Joint Stock Company was founded  in 1993, as "North-Armenian" joint stock Bank. In 1994 Renamed as "Converse Bank" joint stock Bank. The bank reconstructed to "Converse Bank" Closed Joint Stock Company in 1997.

Converse Bank became a member of NASDAQ OMX Armenia on September 29, 2008. The Bank is also a Regulated Market Settlement System Member, Depository System Account Operator and Pension System Account Operator.

NASDAQ OMX Armenia is the only stock exchange currently operating in Armenia. On January 26, 2009, “Armenian Stock Exchange” OJSC was officially renamed as “NASDAQ OMX Armenia” OJSC. On June 5, 2009, “NASDAQ OMX Armenia” OJSC became the owner of 100% of the shares of the “Central Depository of Armenia” OJSC. NASDAQ OMX Armenia and Central Depository of Armenia are among the main securities market infrastructure institutions in Armenia. The exchange offers to the market professionals a fully automated electronic trading platform.