Tuesday, February 6 2018 16:39
Alexandr Avanesov

Moody`s ready to cooperate with Armenia`s energy sector

Moody`s ready to cooperate with Armenia`s energy sector

ArmInfo. The Minister of  Energy Infrastructures and Natural Resources of the Republic of  Armenia Ashot Manukyan received the delegation of the international  rating organization Moody`s (Moody`s Investors Services), headed by  the vice-president of the structure Martin Petch.

According to the press service of the Ministry of Energy  Infrastructure and Natural Resources of Armenia, welcoming the  guests, Ashot Manukyan highly appreciated the mission of the  organization. At the request of the guests, he presented the process  of reforms implemented in the fields of electric power industry, the  mining industry, key development indicators and prospects.

During the meeting, Ashot Manukyan, particularly, spoke about the  digitalization of the Geological Fund, which made it possible to  ensure the availability of information. The Minister also reported on  programs aimed at improving the management of small fields, and also  presented legislative reforms and policy priorities.

Speaking about regional integration, the head of the department noted  that the construction of new electricity transmission lines  Armenia-Georgia and Iran-Armenia will enable Armenia to become a  transit state between Iran, Georgia and Russia. The Minister also  presented ongoing projects in the field of renewable energy, in  particular, the program for the construction of the solar power plant  Masrik-1 and HPS Shnokh.  Martin Petch, in turn, thanked the Minister  for the detailed presentation of the situation, stated the readiness  of Moody's Investors Services to cooperate with Armenia.

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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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  USD

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482,00

-0.16

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1

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200 000

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