Transactions with government bonds in secondary market in February up by 34 percent from January to 10.2 billion drams

YEREVAN, April 26. /ARKA/. The total amount of transactions with Armenian government bonds in the secondary market in February 2016 amounted to 10.2 billion drams, having increased by almost 34% from the previous month of January, according to the monthly bulletin of the Central Bank for February 2016.

According to the Central Bank, the average interest rate in February 2016 was 13.17% against 15.12% in January. Moreover, the highest interest rate in February was 16.54% (16.37% in January), and the lowest was 8.75% (9.20% in January).

The bulk of transactions during the reporting month – 3.7 billion drams- was made with government bonds with more than 7 years maturity with average interest rate 16.16%. At the same time, the least amount of transactions was made with government bonds with from 5 to 7 years maturity -82 million drams with an average interest rate of 15.15%.

The total amount of transactions with government bonds in the secondary market in January-February 2016 amounted to about 17.8 billion drams with an average interest rate of 14.01%. ($ 1 – 479.07 drams). -0-

spot_img

POPULAR

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

VTB (Armenia): “Stable” Deposit – Up to 10% Per annum and Opening via Mobile App

Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

LATEST NEWS

spot_imgspot_imgspot_img