YEREVAN, July 6. /ARKA/. The Armenian Securities Exchange (AMX) said the trade value of government bonds in 2020 June in the secondary exchange market increased by 161% compared to June 2019, reaching 10.1 billion drams. The total market value increased during the reporting period by almost 27%, and the average volume of transactions by 127%.
The trade value of corporate bonds grew by 10.1% to about 1.8 billion drams. AMX said also 131 transactions were carried out, and the average volume of a transaction grew by 38%, amounting to about 14 million drams. The total market value amounted to about 374 billion drams, an increase of 130%.
REPO transactions in June grew by 111% from the year before to over 2 billion drams. The number of transactions increased by 127%, the average volume of a transaction amounted to more than 35 million drams.
The total volume of the market cap in June 2020 compared to June 2019 increased by 1.4%.
“The uninterrupted operation of Armenian Securities Exchange under the state of emergency declared in the country is an important guarantee for the stability and normal development of the Armenian financial markets,” AMX said.
Armenia Securities Exchange is Armenia’s only securities exchange, and it also runs the Central Depository of Armenia, helping investors raise capital for 18 years. It aims to promote an attractive business environment to engage local and international partners by developing and introducing business-friendly products and services across trading, clearing, settlement and pension administration. -0-
