In December 2009 turnover of Armenian secondary market of government bonds grew by 62% to 6.3 bln AMD

In December 2009 most of the transactions in the secondary market of government bonds were carried out with mid-term government bonds - 80% (as against 81% in November). Transactions with short-term government bonds rank next - 20% (as against 19% in November). No transactions with long-term government bonds were carried out in December or November 2009.

According to the source, in December 2009 the summary average daily volume of transactions was 272.8 mln AMD (as against 184.5 mln AMD in November), the average number of transactions was 5 (as against 2 in November), and the average weighted yield - 12,0621% (as against 11,1694% in November). The average weighted yield grew by 0,9 pct points in December and by 3,2 pct points as compared with December 2008.

In total, in 2009 the turnover of the secondary market of government bonds made up 115.6 bln AMD, and the average weighted yield - 11.5477%. The biggest volume of operations in 2009 fell on June - 19.9 bln AMD.

The source says that in 2008 the volume of operations with government bonds in the secondary market of Armenia amounted to 69.687 bln AMD, of them 5.260 bln AMD fell on the transactions with the CBA. The average weighted yield made up 8,8061%, and the average period of turnover - 2892 days. In the total turnover of the secondary market in 2008 the biggest share of operations fell on mid-term government bonds - 45% and long-term government bonds - 43%, while the share of operations with short-term bonds made up 12%.