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

EBRD invested €3 billion in Armenia through 245 projects – Falcetti

The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia, and to date has invested over €3 billion in Armenia through 245 projects, 85% of which are in the private sector.
Announces

“Cannot deliver your package”. IDBank warns about fake messages from ‘’HayPost’’

In Armenia, a wave of mass messages is being recorded that exploit trust in the national postal operator HayPost. Attackers use the expectation of the package as a fake reason to steal banking data or install spyware on users’ smartphones.
Banks

Central Bank of Armenia is discussing the creation of a guarantee fund for small business lending with the Ministry of Economy and the World...

The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund.
Capital market

AMX held government bond placement and redemption auctions worth 35 billion drams

On May 12, the Armenia Securities Exchange (AMX) held a government bond placement auction worth 30 billion drams and a government bond redemption auction worth 5 billion drams.
Banks

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

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