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Armenian ministry of finance is looking for alternative to issuing Eurobonds

05.10.2018 18:14

Armenian ministry of finance is looking for alternative to issuing Eurobonds

YEREVAN, October 5. /ARKA/. Armenia’s Ministry of Finance is looking for an alternative to issuing Eurobonds, Finance Minister Atom Janjughazyan told reporters on Thursday. He said Armenia made tow issues of Eurobonds with maturity periods expiring in 2020 and in 2025 respectively.

"We will make another issue of Eurobonds by 2020 only if we are unable to find other domestic sources, including tax revenues, to pay off this debt," said Janjughazyan.

He stressed that the government does not intend to make new borrowing or sell domestic assets to pay off this debt.

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