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Repo/reverse repo transactions


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.