YEREVAN, July 9. /ARKA/. The Armenia Stock Exchange (AMX) announces that as of July 8, 2025, trading of the Republic of Armenia’s Eurobonds (ISIN: XS3020792696) with a total volume exceeding USD 502 million has been permitted on the Exchange’s trading system, creating new opportunities for local investors.
These bonds have a 10-year maturity period and an annual coupon yield of 6.75%. For comparison, the other two government Eurobonds currently circulating on the Exchange have annual coupon yields of 3.6% and 3.95%, respectively. It should be noted that this significant difference in annual yield is mainly due to the increase in the benchmark yield of U.S. Treasury bonds.
Coupon payments will be made semi-annually, on March 12 and September 12 of each year. The minimum transaction volume for trading these bonds has been set at USD 200,000 and integral multiples of USD 1,000.
The issuer is the Republic of Armenia, represented by the Ministry of Finance. The bonds were placed on March 12 of this year. The lead underwriters of the issuance were Citigroup, Crédit Agricole, and J.P. Morgan. These Eurobonds are listed on the London Stock Exchange.
Eurobonds issued by the Republic of Armenia were first admitted for trading in 2014, followed by in 2015, 2019, and 2021. This new listing is another significant step in the development of Armenia’s capital market, aimed at making international financial instruments more accessible to local investors. AMX will continue to implement all necessary measures to ensure the diversification of available instruments and to strengthen the attractiveness of the investment environment.
Interested parties wishing to acquire Eurobonds issued by the Republic of Armenia can contact member organizations of the Armenia Stock Exchange.-0-