04.11.2013 16:34
YEREVAN, November 4. / ARKA /. Armenia’s total public debt on October 1, 2013 stood at $5.029.8 billion, according to the National Statistical Service (NSS). The debt jumped by 16.3 % or $706.8 million from the previous month.
The rise was prompted by the sale of the first-ever Armenian Eurobonds worth $700 million with redemption period of 7 years and yield of 6% through Deutsche Bank AG, London Branch, HSBC Bank plc and J.P.Morgan Securities plc.Compared to the beginning of the year, the aggregate public debt increased by 15 % or $657.8 million.
According to the NSS, the external debt of the country increased by 19 % or $694.4 million to $4.341.25 billion at the end of September. The increase from the beginning of the year was 16.1%.
About $3.786.4 billion of the external debt was owed by the government. It increased by 23.6 % or $722.6 million in September and by 20.4 % from the beginning of the year.
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