Friday, April 4 2014 19:53

In Q1 2014 interest rates on Armenia's financial market continue to drop


ArmInfo. In Q1 2014 interest rates on Armenia's financial market continue to drop.

The press service of Armenia's Central Bank, as of Mar 17 the average yield of government bonds with a maturity of up to one year was 8.05%, the average interest rate of inter-bank loans was 7.9%, the average monthly repo rate was 8.5%.

In Q1 2014 AMD dropped against USD and EUR. As of Mar 17 as compared with Feb AMD/USD and AMD/EUR exchange rates grew by 0.74% and 5.1% to 414.6 AMD/1 USD and 573.6 AMD/1 EUR. Against RUR AMD rose by 2.4% to 11.4 AMD/1 RUR.

On Mar 25 the CB kept unchanged the rate of refinancing at 7.5%. On Feb 11 the rate was reduced from 7.75% to 7.5%.
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Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2