Monday, July 17 2017 17:24
Naira Badalian

Armenia plans to get a new loan from Russia for arms purchases

Armenia plans to get a new loan from Russia for arms purchases

ArmInfo. Armenia is negotiating  with Russia on obtaining a new military loan, the head of the  Armenian Ministry of Finance Vardan Aramyan told reporters on July 17  at a press conference.

According to Aramyan, negotiations are held on the given issue but on  the current stage the minister refused to give any additional  information. He also told the amount of loan and noted that the  negotiations began in this year. "Ministry of Defense knows the  details", the minister said.  As of today, as the minister said, out  of the $ 200 million defense loan from Russia, it remains to master  about 30 million. In 2016, the Russian government and the Armenian  authorities signed an agreement on granting the state a state export  loan in the amount of up to $ 200 million for ten years with deferred  payments before the start 2018.  Armenia purchases launchers of the  Smerch multiple rocket launcher and its ammunition, Igla-S air  defense missile systems, Avtobaz-M ground-based electronic  intelligence systems, heavy TOS-1A flamethrower systems with  transport- Charging vehicles, guided missiles 9M113M, RPG-26 grenade  launchers, Dragunov sniper rifles, Tiger armored vehicles,  engineering facilities and communications equipment. The report says  that the list can be changed by mutual written consent between the  Federal Service for Military- Technical Cooperation and the Ministry  of Defense of Armenia. The credit is used by the Armenian side to  finance up to 90% of the cost of each of the contracts for the supply  of products with settlements in RUR.  Advances are at least 10% of  the cost of each contract and are made by the Armenian side in favor  of Russian authorized organizations in Russian rubles. It should be  noted that according to the experts there were problems in connection  with the delay in the implementation of the agreement.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

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СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

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USD

Цена откр.

482,00

Цена закр.

482,00

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482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000