Fast Bank Launches $8 Million Dual-Tranche USD Bond Placement

On February 23 of this year, Fast Bank launched the simultaneous placement of two tranches of USD-denominated coupon bonds, with total issuance volumes of 5 million and 3 million US dollars.

 

The first tranche has a volume of 5 million US dollars and is issued with a nominal value of 100 US dollars. These bonds offer an annual coupon yield of 6% and have a maturity period of 24 months (February 23, 2028).

 

The second tranche has been issued with a total volume of 3 million US dollars and is placed at a nominal value of 100 US dollars, with a maturity period of 48 months (February 23, 2030). The annual coupon yield for these bonds is 6.25%.

 

It should also be noted that, in accordance with the tax benefit by the RA Tax Code, income received from these bonds is exempt from income tax until December 31, 2027, inclusive.

 

Fast Bank’s USD coupon bonds will be available for placement until June 30 of this year.

 

Fast Bank offers its customers the opportunity to purchase the bonds both at the Bank’s 39 operating branches and fully remotely via the Fast Bank Mobile app or online banking platform. Purchased bonds and their full details will be reflected in the “My Bonds” section of the application.

 

By Decision No. 1/44A of January 29, 2026, the Chairman of the Central Bank of Armenia registered the Program Prospectus of the bonds.

 

The electronic versions of the Program Prospectus, the Prospectus Supplement, and the Final Terms of the Issue can be downloaded via this link, while printed versions are available at Fast Bank’s head office and any of its branches.

 

Fast Bank is a company striving to become a digital bank, operating 24/7 in Yerevan and all regions of Armenia.

 

Fast Bank is supervised by the Central Bank of Armenia.