Friday, October 11 2019 13:34
Alexandr Avanesov

Armenia and World Bank discuss further areas of cooperation

Armenia and World Bank discuss further areas of cooperation

ArmInfo.On October 10, RA Deputy Prime Minister Tigran Avinyan received a delegation led by Sebastian Molineus, World Bank Regional Director for the South  Caucasus.

As the RA Government Press Service told ArmInfo, welcoming the guest,  the Deputy Prime Minister noted that the meeting was a good  opportunity to exchange views on partnership with the bank, discuss  current programs and further areas of cooperation.

Expressing gratitude for the reception, Sebastian Molineus  congratulated the government on the recent successful placement of  Eurobonds and the high-level World Summit on Information  Technologies.  The interlocutors discussed issues related to  digitalization, tourism, water management, irrigation, energy  strategy and energy efficiency, outlining further steps in this  direction.

Armenia has been a member of the World Bank since 1992, and since  1993  the  Member of the International Development Association (IDA).  As of today, the WB has provided loans and grants to the republic for  the amount of about $ 2.3 billion March 28 this year The Board of  Executive Directors of the World Bank Group (WB) approved the Country  Partnership Framework (CPF) program with Armenia for 2019-2023 worth  about $ 500 million to promote stable and inclusive growth, as well  as improving living standards in the country.

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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

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  USD

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-

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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