Eurobonds issued by the Republic of Armenia are now traded on Armenia Securities Exchange
Armenia Securities Exchange onboarded Armenian Eurobond (ISIN: XS2010028939, Ticker: EUBDB5) to start trading on its platform. A total of USD586,6 million in Eurobonds was placed earlier in February, 2021, տհե Armenia Securities Exchange said in a released statement on Monday.
Armenia’s Ministry of Finance, acting on behalf of the Republic of Armenia, issued Eurobonds with a 10-year maturity period and a coupon rate of 3.6% which is lower than the rates of the previous issues.
The clearing and settlement of the Eurobond is completed by the Central Depository of Armenia. Through the well-established cooperation with Clearstream Banking Luxembourg, investing in the Armenian Eurobond becomes possible for Armenian investors as well.
Armenia’s Eurobonds were first traded on Armenia Securities Exchange in 2014, while the 2nd bonds were admitted to trade in 2019. To invest in Eurobonds, potential investors are encouraged to contact one of the market member companies.