Nasdaq Baltic Bond List Completed by Latest Entry: Admiral Markets

Admiral Markets, the Estonian trading provider specialized in Forex and CFD in the field of cryptocurrencies, stocks, energies, precious metals, and indices has just had a major breakthrough. This came after their public offering of bonds in the Baltics which amounted to 1,826,000 euros put forth by 306 investors.

The good news at hand is that, as of January 11, 2018, Nasdaq Tallin has listed it on the Nasdaq Baltic Bond Lists. With this occasion, Kaarel Ots, CEO of the Tallinn division of Nasdaq has stated that “Admiral Markets has grown from an Estonian company to a global online trading platform and I’m glad to see that they are fueling their future growth through the stock exchange.”

Ots also added that it’s good to see public companies are aiming their offerings at the retail investor sector. Admiral Markets is a great example as they issue bonds with 100 euro nominal value.

Besides the nominal 100-euro value of each bond, there is also an interest rate of 8 percent per year whose payment is done biannually. In addition, the bonds mature on December 28th, 2027. This means that the issuer can redeem them all on that date. Thus, they are what is known as callable bonds in the world of financial trading.

According to Sergei Bogatenkov, a member of the Management Board of the company, this listing will further enhance the company’s transparency, which is unequivocally good for business in the financial sector because it brings more investors to them. There is also a very attractive interest rate which comes together with liquidity working to their advantage on the market right now.

Thanks to this, Admiral Markets plans to become one of the top ten names in its field, which is certainly an impressive and laudable plan. The company will achieve this by strengthening their position, as well as gaining new clients and assets.

About Nasdaq

Nasdaq is the creator of the world’s first electronic stock market which is now present in over 50 countries and 90 marketplaces. Nasdaq provides global services for trading, clearing, listing, information and exchange technology. They provide transparency and insight for their customers, which in turn helps them optimize their business vision and put into practice with the best available tools. Their 3,900 listings have a total market value of 12 trillion dollars.