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Armenia Securities Exchange releases report on bonds traded in August

YEREVAN, September 2. /ARKA/. Armenia Securities Exchange (AMX) has released its report on the bonds traded in August 2020.

The AMX says in its report that in the primary auction platform of AMX the allocation volume of government bonds has increased 109% to AMD 20․5 billion, compared with the same period in 2019.

With AMD 2 billion trade value and AMD 47․4 million average value per trade, market value of government bonds on the secondary regulated exchange market has grown 31%.

The trade value of secondary market corporate bonds reached AMD 1․7 billion, overall 121 transactions were concluded with AMD 13․8 million average value per trade, while the market value reached over AMD 412 billion which is by 140% more than the indices of August, 2019.

The trade value of stocks reached AMD 7 million, with average value per trade reaching AMD 1.2 million.

The trade value of Repo agreements surpassed the threshold of AMD 1.7 billion, exceeding last year’s August data. The number of Repo agreements grew by an unprecedented 160%. The average value of trades reached AMD 26.7 million.

“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,” the AMX says in its report.

Armenia Securities Exchange/AMX, Armenia’s only securities exchange, for nearly a decade now, has been a fully automated electronic trading platform to participants and members of the market. Today, instruments traded on the stock exchange include stocks, corporate and Government bonds, currency, credit resources, as well as REPO (repurchase agreements) and SWAP. ($1 – AMD 485). -0-

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