Sun, 27 July
33.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenian eurobonds begin trading at NASDAQ OMX Armenia exchange

YEREVAN, January 31. / ARKA /. On January 31, 2014 at a special ceremony held at NASDAQ OMX Armenia the launch of the Armenian Eurobonds trading at the exchange market was announced. David Sargsyan, Minister of Finance and Nerses Yeritsyan, Deputy Chairman of the CBA were present at the ceremony.

In 2013 the Republic of Armenia, represented by the Ministry of Finance, issued and successfully placed Eurobonds for total value of USD 700 mln, maturity of 7 years and coupon rate of 6%.

Thanks to the link established between the Central Depository of Armenia and Clearstream Banking Luxemburg Armenian Eurobonds trading in Armenian financial market was ensured, while admittance of the latter to trading at the exchange is another step towards increasing accessibility of this instrument to Armenian investors.

“Armenian Eurobonds are not only another investment alternative in Armenian capital market, but also the first security, registered in foreign financial systems, and traded at NASDAQ OMX Armenia. This is significant achievement and precedent for the market”, noted Konstantin Saroyan, CEO, NASDAQ OMX Armenia.

Arshaluys Margaryan, Head of State dept management department of the Ministry of Finance, rang the bell, announcing the Armenian Eurobonds trading at NASDAQ OMX Armenia and noted: “As issuer we are interested in ensuring attractiveness and liquidity of Eurobonds, and now there’s a new opportunity for circulating Eurobonds in our local market. High demand towards Armenian Eurobonds evidences that our team succeeded in this regard.” -0-

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img