Order books on the Republic of Armenia’s new seven-year bond have exceeded USD3BN: Minister

YEREVAN, September 20. / ARKA /. Order books on the Republic of Armenia’s new seven-year bond have exceeded USD3bn, finance minister David Sarkisain said today.

Armenia issued the first eurobonds on Thursday setting the final yield of 6%. The maturity period is seven years. The bonds underwriters are Deutsche Bank, HSBC and JP Morgan.

The minister said this issue will diversify financial sources of the country and create a benchmark that can later be used by private sector issuers.

“International experts praised the outcome of the first sovereign Armenian Eurobond placement, describing it as very successful,” he said. -0-

spot_img

POPULAR

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

“Kamurj” UCO CJSC bonds worth 1 billion drams listed on AMX

"Kamurj" UCO CJSC bonds have been listed on the Armenia Securities Exchange (AMX), the exchange's press service reported.

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

AI will be integrated into virtually all capital market processes in Armenia – expert

In Armenia, AI will be integrated into virtually all processes in one way or another, and where to begin depends on the specific objectives and current priorities of financial institutions, according to Arman Aleksanyan, co-founder and CEO of Eleveight AI.

Cryptoasset regulation in Armenia is quite conservative, and the market lacks a unified goal – Eleveight AI co-founder

Cryptoasset regulation in Armenia can be characterized as quite conservative, and some market participants believe this could hinder the industry's development, noted Arman Aleksanyan, co-founder and CEO of Eleveight AI.

LATEST NEWS

spot_imgspot_imgspot_img