Category: Exchange

Demand remains high for RA government bonds

14.01.2021

On January 12 and 13 the State Treasury of Armenia has successfully raised over 22,5 billion AMD (USD 42,7M) via the sale of 10 year bonds, by auction at AMX.

Weighted average yield was 9,6814%, with cut-off yield of 9.9607%, while the coupon was 8% with semi-annual coupon payments. The bonds were assigned with ISIN AMGB1129A316 identifier.
On January 12 the volume of allocated gilts made AMD 20 billion, with the demand surpassing supply by 20%. This comes to prove the reliability and attractiveness of gilts and speaks of financial market stability.  

On January 13 additional allocation of the same bonds raised AMD2.5B.

To recall, RA Treasury bonds are available not only on AMX’s trading platform but also via gp.minfin.am retail platform which is operated by AMX.

Updated as of: 14.01.2021