Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Capital market

YEREVAN, January 29. /ARKA/. Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.
 
“The authorities are also planning excess financing on external (including through borrowing from multilateral organizations) and domestic markets in 2025-2026, foreseeing budget and project financing needs,” the study said.
 
In October 2024, the Armenian government redeemed $188 million of a $500 million Eurobond maturing in March 2025.

spot_img

POPULAR

Economy

IMF enables Armenia’s  access to about US$25.1 million under new SBA

The Executive Board of the International Monetary Fund (IMF) said it has completed the first review under the Stand-By Arrangement (SBA) with Armenia.
Banks

EBRD has appointed a new head of its office in Armenia

The European Bank for Reconstruction and Development (EBRD) has appointed Remon Zakaria as the new head of its Yerevan Resident Office, effective 1 September 2026, replacing George Akhalkatsi.
Banks

From Small Steps to Big Changes: “The Power of One Dram” Turns 6

Six years, around 45 foundations, more than 55 projects, and a budget reaching 300 million AMD.
Announces

Special conditions for business development: ACBA Bank

ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.
Exchange market

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 9, 2026, fell by 0.08 points compared to June 8, to 368.45 drams.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Fitch Affirms Armenia at ‘BB-‘; Outlook Stable
Fitch Affirms Armenia at ‘BB-‘; Outlook Stable
Next article
Euro exchange rate plunges by 4.12 points to AMD 414.32
Euro exchange rate plunges by 4.12 points to AMD 414.32