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

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.
Banks

IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch Campaign

IDBank has expanded its card portfolio with the new Mastercard World card, created for those who value convenience not only in their everyday purchases but also while traveling.
Announces

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.
Exchange market

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).
Exchange market

Euro jumped 3.71 points against the Armenian dram: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.43 points on July 30, 2026, compared to July 29, to 366.63 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