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

Exchange rates of the euro, ruble, and dollar against the Armenian dram have risen – Central Bank of Armenia data

he average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, rose by 0.14 points on September 25 compared to September 24, reaching 363.52 drams.

Armenia’s health insurance system covers over 1.85 million people; payouts exceed 150 billion drams — Ministry of Health

Armenia’s universal health insurance system currently covers 1,815,000 beneficiaries, and the volume of reimbursements to medical organizations and pharmacies has exceeded 150 billion drams, said Samvel Kharazyan, Deputy Minister of Health of the Republic of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Central Bank of Armenia and National Bank of Georgia Sign Memorandum of Understanding on Financial Cooperation

The Central Bank of Armenia and the National Bank of Georgia have signed a memorandum of understanding regarding financial cooperation.

“IKO Machinery” LLC’s bonds, totaling AMD 1.1 billion listed on AMX

The Armenia Securities Exchange (AMX) today welcomed the entry into the capital market of "IKO Machinery" LLC, a company operating in both Armenia and international markets.

LATEST NEWS

spot_imgspot_imgspot_img