{"id":249670,"date":"2021-02-02T16:21:52","date_gmt":"2021-02-02T16:21:52","guid":{"rendered":"https:\/\/armbanks.am\/2021\/02\/02\/249670\/"},"modified":"2021-02-02T16:21:52","modified_gmt":"2021-02-02T16:21:52","slug":"armenia-places-successfully-another-issue-of-usd-denominated-eurobonds","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2021\/02\/02\/249670\/","title":{"rendered":"Armenia places successfully another issue of USD-denominated Eurobonds"},"content":{"rendered":"\n<p><strong>YEREVAN, February 2. \/ARKA\/.<\/strong> Armenia has successfully placed another issue of USD-denominated Eurobonds in the international market, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday.<\/p>\n\n\n\n<p>He said $750 million worth Eurobonds were placed with 10 year maturity and coupon yield of 3.875%.<\/p>\n\n\n\n<p>\u201cThe demand was very high; there has never been such a high demand for the securities issued by Armenia, which is due to several factors &#8211; at the moment international financial institutions and investors have accumulated a lot of funds, and they are looking for where to invest,\u201d Galstyan said.<\/p>\n\n\n\n<p>He noted that the yield on currently traded Eurobonds to be redeemed in 2025 and 2029 is 2.8% and 3.6% respectively.<\/p>\n\n\n\n<p>According to him, it is also interesting that in April 2020 the premium risk was about 600 basis points, then in June-July it to 300 basis points and rose to 500&nbsp;&nbsp;during the war in Artsakh, and now it has decreased again by almost half.<\/p>\n\n\n\n<p>\u201cThat is, international investors have a clear idea of \u200b\u200bmacroeconomic stability in Armenia, and this is a very important message,\u201d Galstyan said.<\/p>\n\n\n\n<p>The previous issue of $500 million worth Eurobonds with 10 year maturity and 4.2% yield was in 2019 September.<\/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.<\/p>\n\n\n\n<p>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. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia has successfully placed another issue of USD-denominated Eurobonds in the international market, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday<\/p>\n","protected":false},"author":1,"featured_media":174032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12147,9216],"tags":[15837,13010,310],"class_list":{"0":"post-249670","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-310"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/249670","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=249670"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/249670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/174032"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=249670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=249670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=249670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}