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.
