Repo/reverse repo transactions
"Converse Bank" CJSC concludes repo/reverse repo agreements in RA exclusively with professional participants of the financial market. Repo/reverse repo transactions are not concluded with individuals.
To conclude а repo/reverse repo agreements, a professional market participant must be a client of the bank, have a relevant cooperation agreement with the bank within the individual limits established for this client.
The principal terms of repo/reverse repo agreements are determined by mutual agreement.
Term: from 1 day to 6 months
Interest rate: market rates
Type of securities: government and corporate bonds
Valuation of securities: by mutual agreement based on quotations in the financial market.
Subject of repo/reverse repo agreements: Government/treasury bonds of the Republic of Armenia, Eurobonds, corporate bonds issued in the Republic of Armenia, within the limits approved by the Bank for issuers of these securities.