On April 29, bond auctions were held at the Armenian Stock Exchange for a total sum exceeding 62 billion drams ($160 million), reports the press service of AMX Armenia
Specifically, the volume of bonds with the distinctive code AMGB1129A316 and a maturity of 11 years amounted to 25 billion drams, with an issued volume of over 17.9 billion drams ($45 million), and demand exceeding 28.7 billion drams ($75 million).
The yield at the auction's weighted average price was 9.8579%, with an annual coupon yield of 8%.
The volume of bonds with the distinctive code AMGN60294284 and a maturity of 5 years was 20 billion drams, with the issued volume being 20 billion drams ($55 million) and demand exceeding 27.7 billion drams ($70 million).
The yield at the auction's weighted average price was 9.9294%, with an annual coupon yield of 9.25%.
The volume of bonds with the distinctive code AMGN36294269 and a maturity of 3 years amounted to 15 billion drams, with the issued volume being 15 billion drams and demand exceeding 17.9 billion drams.
The yield at the auction's weighted average price was 9.8973%, with an annual coupon yield of 9%.
The volume of bonds with the distinctive code AMGB2029A374 and a maturity of 20 years was 30 billion drams, with the issued volume being over 8.9 billion drams, and demand exceeding 36 billion drams.
The yield at the auction's weighted average price was 9.9296%, with an annual coupon yield of 12.50%.
The volume of bonds with the distinctive code AMGB3129A504 and a maturity of 31 years amounted to 10 billion drams, with the issued volume being 300 million drams and demand exceeding 12.6 billion drams.
The yield at the auction's weighted average price was 9.9600%, with an annual coupon yield of 9.75%.
This indicates the stability and attractiveness of the financial market and the continued trust in Armenian government bonds.
Government bonds can be purchased both on the Armenian Stock Exchange trading floor and through the online platform gp.minfin.am.
You can find detailed information about bond auctions here.
