EBRD Bonds
The European Bank for Reconstruction and Development (EBRD) has issued AMD-denominated bonds.
Converse Bank is the Underwriter for this bond offering
The bonds will be offered through an auction to be held on the Armenia Securities Exchange in 7 July 2026.
To submit a purchase order through Converse Bank, investors must have:
- an AMD bank account;
- a securities account; and
- an investment services agreement with the Bank.
For further information, please contact the Bank at least one business day prior to the auction using any of the following channels:
- Call the Converse Bank Contact Centre: +374 10 511211
- Visit any Converse Bank branch
- Email: [email protected] or [email protected]
Investors may also participate in the auction through any member of the Armenia Securities Exchange. The list of Exchange members is available here.
Following the completion of the offering, the bonds will be submitted for listing on the Armenia Securities Exchange.
| Offering Details |
|
| Issuer | European Bank for Reconstruction and Development (EBRD) |
| Credit Ratings | AAA (S&P), Aaa (Moody's), AAA (Fitch) |
| Currency | Armenian Dram (AMD) |
| ISIN | AMEBRDB25UK6 |
| Denomination | AMD 10,000,000 |
| Total Issue Size | AMD 5,000,000,000 |
| Maturity | 36 months |
| Coupon Rate | Floating: Reference Rate* + 0.00% |
| Annual Coupon Rate For the period: 07 July 2026 - 07 January 2027 | 6.8359 % |
| Coupon Payment Frequency | Semi-annual |
| Offering Start Date | 7-Jul-26 |
| Offering End Date | 7-Jul-26 |
| Maturity Date | 7-Jul-29 |
| Underwriter | Converse Bank CJSC |
| *Reference Rate The Reference Rate is the yield on the 6-month (180-day) AMD Treasury Bills, reviewed every six months. |
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