Wednesday, February 29 2012 18:37
In structure of internal debt of Armenia share of mid-term and long-term government bonds up from 67.1% to 81.5% over 2011
ArmInfo. Over 2011 internal state debt of Armenia was up 19.9% to 216.209 bln AMD ($560.5 mln) or 13.5% of the total state debt as of 1 Jan 2012. The National Statistical Service of Armenia told ArmInfo that over Q4 2011 the internal state debt grew by 8.2%.
The share of government short-term government bonds in the state debt structure made up 15.3% or 33 bln AMD, having declined almost twice over 2011, and having grown by 22.2% over Q4 2011. The share of mid-term government bonds made up 51.4% or 111.2 bln AMD (28.7% growth over 2011, almost 8% growth over Q4 2011).
The share of long-term bonds made up 30.1% or 65.1 bln AMD (2-fold growth over 2011, 6% growth over Q4). The share of government saving bonds was 0.4% or 0.8 bln AMD (38.7% growth over 2011, no changes in Q4). The share of attracted loans was 2.9% or 6.2 bln AMD (15.1% decline over 2011 and 7.5% decline over Q4).
In the structure of short-term bonds the biggest volume of transactions fell on the bonds with 1-40-week maturity (23 bln AMD, 37.8% y-o-y decline); in the structure of mid-term bonds - on the bonds with 4-5-year maturity (60.4 bln AMD, 42.1% y-o-y growth) and those with 2-3-year maturity (50.8 bln AMD, 17.6% y-o-y growth). In 2011 the government bond yield was up 3.6% or by 0.42 points to 12.3194%. In Dec 2011 vs Nov 2011 the yield rose by 1 point, and over Q4 - by 1.8 points.
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