{"id":103404,"date":"2016-11-18T12:33:15","date_gmt":"2016-11-18T12:33:15","guid":{"rendered":"https:\/\/armbanks.am\/2016\/11\/18\/245460\/"},"modified":"2024-12-15T13:26:16","modified_gmt":"2024-12-15T13:26:16","slug":"armenia-to-issue-eurobonds-again-in-2019","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/11\/18\/103404\/","title":{"rendered":"Armenia to issue Eurobonds again in 2019"},"content":{"rendered":"

YEREVAN, November 18. \/ARKA\/.<\/strong> Armenia is thought to carry out a new emission of Eurobonds in 2019, Arthur Javadyan, head of the Central Bank of Armenia, said Thursday while discussing the 2017 draft government budget with members of the National Assembly.<\/p>\n

He said he sees some progress at the market \u2013 rates are stably going down showing the rising confidence in Armenian securities.<\/p>\n

This shows that Armenia\u2019s decision to issue securities has proved to be right.<\/p>\n

Javadyan said that the central bank is steadfast in its determination to continue this initiative \u2013 a new emission is planned to be carried out in 2019. He said that the amount and other indicators will be decided later.<\/p>\n

Armenia has issued Eurobonds twice \u2013 on September 19, 2013 it issued seven-year Eurobonds totaling $700 million with 6-percent annual yield and March 30, 2020 maturity date and on March 26, 2015 it issued ten-year Eurobonds amounting to $500 million with 7.15% yield and March 26, 2025 maturity date.<\/p>\n

Now Eurobonds worth $500 from the first emission are in circulation now, since the finance ministry redeemed $200 million.<\/p>\n

According to the regulator, transactions with Eurobonds at the secondary market totaled $110.36 million in 2015 with the annual yield of 6.46%.<\/p>\n

In early 2016, securities continued devaluating (7%) as the dollar was going up against the Armenian dram, but later things changed as the national currency started strengthening – average annual yield of Eurobonds stood at 6.44% in March and at 4.85% in September. –0—-<\/p>\n","protected":false},"excerpt":{"rendered":"

Armenia is thought to carry out a new emission of Eurobonds in 2019, Arthur Javadyan, head of the Central Bank of Armenia, said Thursday while discussing the 2017 draft government budget with members of the National Assembly<\/p>\n","protected":false},"author":1,"featured_media":174069,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12147,9216],"tags":[15837,15865,13010,613],"class_list":{"0":"post-103404","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bonds-am-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-central-bank-2","11":"tag-eurobonds","12":"tag-613"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=103404"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/174069"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=103404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=103404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=103404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}