Tuesday, October 27 2020 15:17
Alexandr Avanesov

The timing of the start of interest rate payments on the loan from  the German bank KfW will be extended until December 30, 2022

The timing of the start of interest rate payments on the loan from  the German bank KfW will be extended until December 30, 2022

ArmInfo.The timing of the start of payments of tranches on the loan from the German KfW bank attracted by Armenia will be extended until December 30, 2022. The  National Assembly of Armenia at the October 27 session ratified the  letter of agreement with the Bank.  

According to the Deputy Minister of Territorial Administration and Infrastructures of the Republic of Armenia Vache Terteryan, it is planned to direct the loan funds for  the implementation of the second stage of the community development  program. The total amount of borrowed funds is 30 million euros, of  which, according to the situation, only $ 6.5 million has been spent  so far. For this reason, it was proposed to extend the start date of  tranche payments by two years. Vache Terteryan stressed that the  design estimates are ready and the government is ready to start  quickly implementing the project. The reasons for the delay in the  disbursement of credit funds are different, and they are objective in  nature, one of which is the choice of consultants. In this matter, at  least twice a competition for the selection of consultants was held.

Within the framework of the program, it is planned to modernize the  water supply and wastewater disposal systems in 11 cities, 41  settlements. Also, the program will involve some of the 560 rural  settlements that do not have sewerage systems. It is planned to  modernize 555 km of drinking and irrigation water pipelines, 35.6 km  of sewerage systems and install 22.4 thousand water meters.


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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