Armenian Finance Ministry to issue eurobonds

Capital market

YEREVAN, August 9. / ARKA /. Armenian Ministry of Finance said it is preparing to issue the first issue of eurobonds.

“We have selected Deutsche Bank AG London Branch , HSBC Bank plc and JPMorgan Securities plc as the main underwriters”, the ministry said.

It said the government has approved a draft decision on the signing of relevant agreements with them.

The concept to issue foreign currency-denominated bonds was approved by the government in May. -0-

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