Martin Galstyan: In the capital market, there are no significant transactions and negotiations worth mentioning

ArmInfo. A natural process  of development is currently underway in Armenia's capital market, as  stated by Martin Galstyan, the head of the Central Bank, during a  press conference on December 10. He expressed hope that it will be  better in 2025.  In this vein, he spoke about a separate project with  the European Bank for Reconstruction and Development involving the  overnight rate. Additionally, he mentioned the draft law on the bond  market, which is currently under discussion in the National Assembly.  At the same time, the head of the Central Bank noted that there are  currently no transactions and negotiations at the level that he would  like to highlight in the capital market of Armenia.

Galstyan pointed out that the market is active, with quite high  volumes of issues. He mentioned the recent bond offerings by the  telecommunications company "Telecom Armenia" (related to sustainable  development - ed.). These include a first and second series, in  dollars - for $45 million and $20 million, and in drams for 3.9  billion drams - ed.). "According to preliminary information, there  are already international investors interested in purchasing these  bonds," the head of the Central Bank stated.