Thursday, November 21 2019 21:33
Karine Melikyan

Armbusinessbank became an agent of the primary market of government  bonds of Armenia

Armbusinessbank became an agent of the primary market of government  bonds of Armenia

ArmInfo. Armbusinessbank was assigned the status of an agent of the primary government bonds market of Armenia. As reported by ArmInfo in the RA Ministry of  Finance, the decision to include Armbusinessbank in the list of  agents was adopted on November 15, 2019.

According to this decision, Armbusinessbank will act as an agent in  the primary government bond market from 2020.

According to the Ministry of Finance of the Republic of Armenia, the  agents of the primary government bonds market according to the list  for 2020 are 7 banks: Ameriabank, IDBank, ARARATBANK, Ardshinbank,  Converse Bank, Armbusinessbank and Armeconombank.  On a quarterly  basis (from October 1 of the previous year to October 1 of the  reporting year), the Ministry of Finance evaluates the behavior of  government securities market participants (agents and potential  participants - investors), and assigns the status of agents to those  participants who were active in their operations and stable  participation. Thus, during the aforementioned period,  Armbusinessbank, very actively proving itself in operations with  government bonds, entered the list of agents of the primary  government securities market.

According to the Financial Rating of the Banks of Armenia prepared by  ArmInfo IC as of September 30, 2019, Armbusinessbank is in the TOP-5  by the volume of investments in government bonds - 39.9 billion  drams, ensuring the growth of this indicator by almost 20% over 9  months of the current year.  Armbusinessbank's income from trading  operations amounted to 4.3 billion drams in 9 months of this year (a  y-o-y growth of almost 3-fold), of which over 2 billion drams were  provided from operations with government bonds. The bank's net income  from trading operations increased almost 3-fold year-on-year, and an  impressive part of this growth came from operations with government  bonds. According to the results of 9 months, the net profit of  Armbusinessbank exceeded 3.4 billion drams, with a y-o-y growth of  60.8%. (The calculated exchange rate of the dram on September 30,   2019 was 475.97 AMD / $ 1).

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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

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

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