80 billion AMD Government bond allocation auction took place on AMX
On July 8th, an 80 billion AMD government bond allocation auction took place on the Armenia Stock Exchange.
The total volume of government bonds (ISIN AMGB1129A357) offered in the auction was 80 billion AMD. The total accepted bids amounted to 80 billion AMD, with total demand exceeding 112 billion AMD. The bond’s maturity period is 11 years. The weighted average yield at the auction was 9.9328%, while the annual coupon yield is 9%.
This indicates the stability of the financial market, its attractiveness, and the confidence in the RA government bonds.
To recall, RA Treasury bonds are available not only on AMX’s trading platform but also via gp.minfin.am retail platform operated by AMX.
You can see the details on Gbond auctions here.
Armenia Stock Exchange (AMX) is the only securities regulated market operator in Armenia that also owns 100% shares of Central Depository of Armenia. The mission of AMX group is to foster the development of investment environment in listing, trading, clearing and settlement, and funded pension management.