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Daily Archives: Apr 14, 2017

Anelik bank places third issue of nominal coupon bonds worth one billion drams

The Yerevan-based Anelik bank placed entirely the third issue of one billion drams worth nominal coupon bonds with a face value of 50,000 drams, an annual yield of 12.25% and a maturity period of 24 months at NASDAQ OMX Armenia stock exchange before the deadline

Armenia’s total state debt increased by $35 million in one month

Armenia’s total state debt stood at $5.996.2 billion in late March 2017, having increased by 0.59% or $35 million from the previous month, according to numbers, released by the ministry of finance

Armenia in need of moderate inflation around 4%

Armenia needs a moderate inflation rate, around the 4% projected in the 2017 government budget, Vardan Aramyan, finance minister, told journalists on Thursday