{"id":126549,"date":"2020-01-25T11:51:23","date_gmt":"2020-01-25T11:51:23","guid":{"rendered":"https:\/\/armbanks.am\/2020\/01\/25\/249064\/"},"modified":"2024-12-15T13:40:04","modified_gmt":"2024-12-15T13:40:04","slug":"pashinyan-thanks-to-third-issue-of-eurobonds-government-will-save-10-million-a-year-on-servicing-its-foreign-debt","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/01\/25\/126549\/","title":{"rendered":"Pashinyan: thanks to third issue of Eurobonds,  government will save  $10 million a year on servicing its foreign debt"},"content":{"rendered":"\n<p><strong>KAPAN, January 25. \/ARKA\/. <\/strong>Armenian Prime Minister Nikol Pashinyan said on Saturday that thanks to the third issue of Eurobonds, the government will save $10 million a year on servicing its foreign debt.<\/p>\n\n\n\n<p>The third issue of Eurobonds to the tune of $500 million was placed on September 26, 2019 on the international capital market with a 10-year maturity and 3.95% coupon yield, which is significantly lower than the coupon yield on  the bonds of the previous two issues.<\/p>\n\n\n\n<p>Pashinyan said the coupon yield on new Eurobonds was only 3.95% instead of 6% for repurchased Eurobonds. &#8216;This means that the cost of servicing Eurobonds has significantly decreased for Armenia and due to this, the government will save about $10 million on servicing its external debt per year,&#8221; he said at a press conference in Kapan.<\/p>\n\n\n\n<p>According to the latest data of the National Statistics Committee (NSC), Armenia&#8217;s overall public debt at the end of November 2019 stood at  $7.166.076 billion, having decreased by $49.322 million from the previous  month. At the end of 2018 Armenia&#8217;s overall public debt was worth  $6.922,512 billion. <\/p>\n\n\n\n<p>According to the NSC, the government&#8217;s external debt at the end of November 2019 stood at  $5.626.252 billion, having grown by $52.963 million from the previous month -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian Prime Minister Nikol Pashinyan said on Saturday that thanks to the third issue of Eurobonds, the government will save $10 million a year on servicing its foreign debt<\/p>\n","protected":false},"author":1,"featured_media":175759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12147,9216],"tags":[13010,12347,15841,14778],"class_list":{"0":"post-126549","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-eurobonds","10":"tag-foreign-debt","11":"tag-government-2","12":"tag-pashinyan"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/126549","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=126549"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/126549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/175759"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=126549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=126549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=126549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}