IDBank has issued perpetual coupon bonds for the first time
On November 2, 2026, IDBank will, for the first time, offer registered perpetual coupon bonds through a public offering on the following terms:
ISIN – AMANLBBM9ER1
- Total Issue Volume – USD 30 million
- Face value per bond – USD 1,000
- Minimum purchase quantity – 10 bonds
- Coupon rate – a fixed annual yield of 8.25% for the first 36 months. Thereafter – (SOFR + 4.35%), but no less than 6.25% and no more than 9.25%
- Maturity – perpetual
- Coupon Payment Frequency – Semi-annually
- Start of issue/placement – November 2, 2026
- End of placement – December 30, 2026
Following the completion of the placement, the bonds will be listed on the Armenian Stock Exchange OJSC․ A Market Maker will be appointed for the bonds.
The full details of the bonds will be available in the Idram&IDBank app immediately after purchase. The “Bonds” subsection under “Banking” provides all the necessary information, including the bond identification code, quantity, face value, annual coupon rate, coupon payment date and maturity date․
You can see all the information about the bonds by following the link.
The bond program prospectus was registered with the Central Bank of Armenia under the program prospectus approved by Resolution No. 1/408 A of the Chairman of the Central Bank of Armenia dated October 14, 2026. You can review the program prospectus, the electronic versions of its supplements, and the main terms of this bond issue on the official website of the Bank.
THE BANK IS SUPERVISED BY CBA