Wed, 21 January
-6.9 C
Yerevan
USD: 379.21 RUB: 4.87 EUR: 444.85 GEL: 140.89 GBP: 511.21

Risk premium on Armenian Eurobonds decreased to 196 basis points: Finance Minister

YEREVAN, January 21. /ARKA/. Armenian Finance Minister Vahe Hovhannisyan announced a reduction in the risk premium on Armenian Eurobonds.

“We have a historically low risk premium. If in March 2025 we issued Eurobonds at a rate of 7.1%, and the risk premium was 2.86%, or 286 basis points, then in January 2026, this figure was 196 basis points, or 1.96%. If we had issued these Eurobonds today, the rate, all other things being equal, would have been 0.9 basis points lower,” he said at the final press conference on Wednesday. On March 5, 2025, Armenia placed $750 million in Eurobonds on the international capital market, with a yield of 7.1% and a maturity of 10 years.

Central Bank of Armenia Governor Martin Galstyan told ARKA news agency in early May last year that demand for these Eurobonds amounted to $2.5 billion.

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro and ruble rise against Armenian dram, while US dollar weakens slightly

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market on January 12, 2026, fell by 0.06 points compared to January 9, to 381.15 drams.

AMX held an auction of government bonds worth 50 billion drams

On January 13, the Armenia Securities Exchange (AMX) held an auction of government bonds worth 50 billion drams, the exchange's press service reported.

Inflation of 3.3% recorded in Armenia by the end of 2025

In the Armenian consumer market, 12-month inflation (December 2025 compared to December 2024) amounted to 3.3%, according to a report by the Statistical Committee of Armenia (Armstat).

LATEST NEWS

spot_imgspot_imgspot_img