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Armenian government bonds to be available for electronic trading

13.04.2017 17:07

Armenian government bonds to be available for electronic trading

YEREVAN, April 13. /ARKA/. Armenian government bonds will be available soon for electronic trading through stock exchange, finance minister Vardan Aramyan said at a government meeting on Thursday.
According to him, considering the ambitions of the government to achieve higher economic growth than the budgeted 3.2%, the ministry of finance wants to put the focus on the development of the capital market.

In his words, trading the government bonds through the stock exchange will also increase competition and liquidity of domestic debt. He added that electronic trading of bonds will launch on April 26.
According to the minister, under changes, buyers will not have to make initial deposits to be eligible to participate in auctions.

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