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58.4% growth in investments in Armenian government bonds in December 2016

YEREVAN, February 10. /ARKA/. Aggregate investments in Armenia’s government bonds grew 58.4% in December 2016, compared with the same month a year before, to AMD 508.3 billion, the Central Bank of Armenia says.

According to the regulator, residents’ investments in government bonds totaled AMD 500.3 billion in December 2016 showing a 56.3-percent year-on-year growth.

Armenian banks’ investments in government bonds doubled to AMD 365.5 billion, while the central bank’s investments shrank 26.6% to about AMD 63.1 billion.

Non-bank agents and dealers invested nothing in government bonds in December 2016, and non-bank investors accounted for AMD 71.6 billion (40.6% growth).

Non-residents’ investments in government bonds amounted to AMD 7.9 billion in December 2016 – 10.5 times more than one year earlier. ($1 – AMD 486.66). –0—–

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