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

Banks

No liquidity shortage in Armenia, question is about business readiness: Central Bank Chairman

There is no liquidity shortage in Armenia, but the question remains about whether businesses meet investor requirements, according to Central Bank Chairman Martin Galstyan.
Capital market

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 7–13)

Armenia's financial agenda last week focused primarily on the capital market, the banking sector, government borrowing, and the development of payment infrastructure.
Announces

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.
Banks

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.
Announces

Central Bank Chairman Doesn’t Rule Out Hike in Loan Rates in Armenia

Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.

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