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Armenian Government might issue Eurobonds again
January 30, 2015 16:11
The Armenian government is preparing to distribute new Eurobonds and
has approved the decision on concluding agreements with the
international legal consultant and the main distributor.
STEPANAKERT, JANUARY 30, ARTSAKHPRESS: Armenia's Deputy Minister of
Finance Vakhtang Mirumyan mentioned that measures need to be taken to
ensure the inflow of foreign capital in order to neutralize the
negative impact that the recent developments in the global economy
have been having on Armenia's economy.
According to him, there is currently a favorable environment in the
global financial markets for the distribution of foreign bonds and,
taking into consideration the shifts in the market, that might be a
possibility in the short run. In response, Deputy Prime Minister of
the Republic of Armenia, Minister of International Economic
Integration Vache Gabrielyan mentioned that this measure is strictly
important. "We must not only view it from the angle of bringing in
capital.
We're talking about the opportunities of receiving money from global
markets. I can inform you that at this moment, the bonds of the
Republic of Armenia are at a favorable percentage threshold in the
secondary market. In 2013, Armenia distributed Eurobonds at 6 percent.
Now, trade is being made in the global and secondary markets at the
same percentage rate. If we can include these sums, that will also be
an important signal," Gabrielyan said, as "Armenpress" reports.
http://artsakhpress.am/eng/news/11471/armenian-government-might-issue-eurobonds-again.html
January 30, 2015 16:11
The Armenian government is preparing to distribute new Eurobonds and
has approved the decision on concluding agreements with the
international legal consultant and the main distributor.
STEPANAKERT, JANUARY 30, ARTSAKHPRESS: Armenia's Deputy Minister of
Finance Vakhtang Mirumyan mentioned that measures need to be taken to
ensure the inflow of foreign capital in order to neutralize the
negative impact that the recent developments in the global economy
have been having on Armenia's economy.
According to him, there is currently a favorable environment in the
global financial markets for the distribution of foreign bonds and,
taking into consideration the shifts in the market, that might be a
possibility in the short run. In response, Deputy Prime Minister of
the Republic of Armenia, Minister of International Economic
Integration Vache Gabrielyan mentioned that this measure is strictly
important. "We must not only view it from the angle of bringing in
capital.
We're talking about the opportunities of receiving money from global
markets. I can inform you that at this moment, the bonds of the
Republic of Armenia are at a favorable percentage threshold in the
secondary market. In 2013, Armenia distributed Eurobonds at 6 percent.
Now, trade is being made in the global and secondary markets at the
same percentage rate. If we can include these sums, that will also be
an important signal," Gabrielyan said, as "Armenpress" reports.
http://artsakhpress.am/eng/news/11471/armenian-government-might-issue-eurobonds-again.html