YEREVAN, April 29. /ARKA/. On April 29, the Armenian Stock Exchange (AMX) made history by placing a remarkable volume of AMD 100 billion in government bonds, as reported by the exchange’s press service following the auction results.
The investor interest skyrocketed, with demand exceeding the placement volume by more than double, reaching around AMD 221.5 billion.
“This is an unparalleled achievement in terms of both the volume of government bonds issued and the level of investment interest,” the statement noted.
Key details include:
1. Government bonds identified by the distinctive code AMGB1129A357, with a maturity period of 11 years:
– Placed volume: AMD 40 billion
– Demand: AMD 94 billion
– Weighted average yield: 9.8579%
– Annual coupon yield: 9%
2. Government bonds identified by the distinctive code AMGN60294292 with a maturity period of 5 years:
– Placed volume: 20 billion drams; Demand: 30 billion drams
– Weighted average yield: 9.7180%; Annual coupon yield: 8.6%
3. Government bonds identified by the distinctive code AMGN36294285 with a maturity period of 3 years:
– Placed volume: 20 billion drams; Demand: 36 billion drams
– Weighted average yield: 9.4904%; Annual coupon yield: 8.4%
4. Government bonds identified by the distinctive code AMGN60294300 with a maturity period of 5 years:
– Placed volume: 10 billion drams; Demand: 31 billion drams
– Weighted average yield: 9.7342%; Annual coupon yield: 8.6%
5. Government bonds identified by the distinctive code AMGN36294277 with a maturity period of 3 years:
– Placed volume: 10 billion drams; Demand: 30 billion drams
– Weighted average yield: 9.3683%; Annualized coupon yield: 8.4%
The AMX report highlights, “Such unprecedented demand for government bonds and the placed volume reflect not only the growing confidence in Armenia’s government bonds, but also the stability of the financial system and the strengthening of investment attractiveness.”
These government bonds can be acquired on the AMX trading floor or through the online platform gp.minfin.am.-0-
