YEREVAN, December 18, / ARKA /. Armenian investment companies concluded about 35.8 billion drams worth transaction in October, a Central Bank information bulletin said. It said this amount represented a 42.6 % increase compared with the beginning of the year.
According to Central Bank data, the bulk of all transactions –about 93 percent- were repo agreements, which amounted to 33.1 billion drams, an increase of 77.7 percent compared to the beginning of the year.
Transactions with equity securities in October amounted to 400,000 drams, transaction with corporate bonds to 231.8 million drams and transactions with government bonds to 2.457.4 billion drams.
The volume of transactions made by banks, which provide also investment services, amounted to 537.7 billion drams, by 13.6 percent more from the beginning of the year. ($ 1 – 404.97 drams). -0-
