{"id":249333,"date":"2020-04-28T15:40:37","date_gmt":"2020-04-28T15:40:37","guid":{"rendered":"https:\/\/armbanks.am\/2020\/04\/28\/249333\/"},"modified":"2020-04-28T15:40:37","modified_gmt":"2020-04-28T15:40:37","slug":"armenian-government-may-place-another-issue-of-eurobonds","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/04\/28\/249333\/","title":{"rendered":"Armenian government may place another issue of Eurobonds"},"content":{"rendered":"\n<p><strong>YEREVAN, April 28. \/ARKA\/. <\/strong>The government of Armenia is considering a new issue of Eurobonds, possibly even in the national currency dram, Finance Minister Atom Janjughazyan said at an extraordinary parliamentary meeting today, convened to revise downward the budget indicators.<\/p>\n\n\n\n<p>&#8220;In September 2019, when we placed the third issue of Eurobonds, investors said they were ready to invest 4-5 times more than the declared volume, but if we submitted an application for $2-2.5 billion, it would not be a fact that they would agree on this volume and under such conditions,&#8221; said Janjughazyan.<\/p>\n\n\n\n<p>According to him, the government is preparing large-scale programs and in this regard, it is considering various ways of attracting funds &#8211; Eurobonds, dram-denominated bonds for foreign investors, Eurobonds in drams.<\/p>\n\n\n\n<p>&#8220;I hope that we will find the best solution,\u201d the minister said. In 2019 September, Armenia placed $500 million worth of Eurobonds on the international capital market with a 10-year maturity and 3.95% coupon yield.<\/p>\n\n\n\n<p>Armenia first issued $ 700 million worth dollar-denominated bonds in September 2013 at the yield of 6.25 percent and a maturity of 7 years. The bulk of $ 700 million was used to repay a $ 500 million Russian loan ten years ahead of schedule. The second issue was carried out in March 2015 in the amount of $ 500 million with a yield of 7.25% and a maturity period of 10 years.<\/p>\n\n\n\n<p>According to the latest data of the National Statistics Committee, the country&#8217;s total public debt at the end of November 2019 amounted to $7.166.076 billion. The external public debt stood at $5. 626.252 billion,\u20130-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government of Armenia is considering a new issue of Eurobonds, possibly even in the national currency dram, Finance Minister Atom Janjughazyan said at an extraordinary parliamentary meeting today, convened to revise downward the budget indicators<\/p>\n","protected":false},"author":1,"featured_media":193311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12147,9216],"tags":[15837,13010,15841,461],"class_list":{"0":"post-249333","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-eurobonds","11":"tag-government-2","12":"tag-461"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/249333","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=249333"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/249333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/193311"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=249333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=249333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=249333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}