YEREVAN, December 3, / ARKA /. Corporate bond sales worldwide are poised to set an annual record as soon as this week as companies lock in borrowing costs that forecasters say are bound to rise, vestifinance.ru says citing Bloomberg.

Amazon.com Inc., Volkswagen AG and Alibaba Group Holding Ltd. have propelled offerings to $3.96 trillion this year, about $7 billion short of the peak of $3.97 trillion in 2012, according to data compiled by Bloomberg.

In the U.S., home to the world’s biggest corporate bond market, borrowers have issued $1.5 trillion of debt, data compiled by Bloomberg show. Investment-grade companies have already sold a record $1.18 trillion of bonds.

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Armenian Araratbank has opened its first sales mini-center in downtown Yerevan, its executive director, board chairman Ashot Osipian, said today.

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Tags: Araratbank, Armenia, mini-center, sale

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