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In April, the volume of auctions for government bonds in Armenia increased fivefold

Armenia
Arshaluis Mgdesyan
03.05.24 22:37
121

In April of this year, the total volume of auctions for the placement of government bonds on the Armenian Stock Exchange exceeded 155 billion drams (approximately $398 million), which is almost five times higher than the same indicator of the previous year.

According to AMX Armenia data, the corporate bond market and trading volumes continued to demonstrate growth compared to the previous year.

The total volume of repo agreements exceeded 4.2 billion drams (about $10.8 million), increasing by 95% compared to the previous year.

The volume of stock trading in April 2024 exceeded 383 million drams (about $1 million), which is 571% higher than in April of the previous year, and the market capitalization exceeded 333 billion drams ($856 million).

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