YEREVAN, September 20. /ARKA/. The issue of Eurobonds may spur Armenia’s securities market, Tatul Manaserysan, an economist and the head of the Alternative think tank, said in an interview with ARKA News Agency.

Armenia issued the first Eurobonds on Thursday setting the final yield of 6%. The maturity period is seven years. The bonds were expected to price later on Thursday via Deutsche Bank, HSBC and JP Morgan.

“If we manage to retain the ratings given to Armenia, then not only the government, but also Armenian companies will be issuing their bonds and selling them at western markets,” he said.
Armenia enjoys Ba2, Stable, from Moody’s and BB-, Stable, from Fitch.

Categories: Bonds.am @en @en, General news, News, News of the hour | Comments Off on Opinion: issue of eurobonds may spur Armenia’s securities market

Tags: Armenia, eurobond, Opinion

Read more

Armenia is unlikely to face double-dip crisis in 2010, Executive Director of ProCreditBank Bertold Herzfeld said in an interview with ARKA News Agency.

Categories: anticrisis.am @en @en, Economy @en, General news, News | Comments Off on Opinion: Armenia unlikely to face double-dip crisis in 2010

Tags: Armenia, crisis, Opinion

Read more