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Government bond transactions at Armenian secondary market valued at AMD 38.9bln

YEREVAN, June 7./ARKA/. The total volume of transactions with the government bonds at the secondary market valued at 38.9 billion drams in Armenia in April, which was 3.1 times higher from early this year, the Central Bank said in its monthly newsletter.

The source stated the transactions were processed at 12.9% interest rate in April versus 13.6% in January. The highest interest rate in April was 16.46% (16.5% in January), and the minimal interest rate –6.75% (7.89% in January).

A couple of transactions were processed with the 5-7-year government bonds at 14 billion drams. An average interest rate here was 16.04% (highest rate -16.47%, lowest- 14.48%).

Least of transactions were processed with short-term government bonds of 6-month mature period at 21.7 million drams. An average interest rate here was 8.04% (highest -10.75%, lowest-6.75%).

The total volume of transactions with the government bonds at the secondary market stood at 76.5 billion drams at 13.31% interest rate within January-April 2013. ($1 – 414.92 drams).—0-

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