On October 29, government bond auctions totaling $77.3 million were held on the Armenia Securities Exchange, with demand significantly exceeding the offered volume—reflecting strong investor confidence in Armenian securities.
Two types of government bonds were auctioned. The three-year bonds with code AMGN36294277 were fully placed at $38.7 million (15 billion drams), while demand reached $70.9 million (27.5 billion drams). The average yield at auction price was 9.86%, with an annual coupon yield of 8.40%.
The second offering, twenty-year bonds with code AMGB2029A374, also raised $38.7 million (15 billion drams) but attracted even higher demand at $99.2 million (38.5 billion drams). The average yield on these bonds reached 9.94%, with an annual coupon yield of 12.50%.
Experts view this high demand as a sign of financial market stability and sustained trust in Armenia’s government securities.
As of October 28, the government launched a new online platform, gp.minfin.am, significantly simplifying the bond investment process. Investors can now purchase securities either through the Armenia Securities Exchange or this updated platform, making investment more accessible for both Armenian citizens and international investors.
