YEREVAN, September 21. /ARKA/. Eurobonds issued by Armenia and Azerbaijan suffered sharp falls on Tuesday after Azerbaijan launched military action in the Nagorno-Karabakh region, according to Cbonds data.
On the other hand, the falls were short-lived and did not reach historical lows, according to the Russian Business Consulting (RBC).
The latest falls were not significant compared to developments in September 2022, when on the wave of another aggravation of the conflict, the Eurobonds fell by 3-4%, but it should be remembered that the situation in Karabakh is a lasting conflict.
Experts do not expect collapses of securities in the future, but some of them believe that later movements of bonds can be very strong. –0—
