Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training is sent. Cbonds managers will be in touch with you shortly. Thank you!

Armenia: bonds

Armenia is a landlocked country in the South Caucasus region of Eurasia.

Under the old Soviet central planning system, Armenia developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics, in exchange for raw materials and energy. Armenia has since switched to small-scale agriculture and away from the large agroindustrial complexes of the Soviet era. Armenia has only two open trade borders - Iran and Georgia - because its borders with Azerbaijan and Turkey have been closed since 1991 and 1993, respectively, as a result of Armenia's ongoing conflict with Azerbaijan over the separatist Nagorno-Karabakh region. Armenia's geographic isolation, a narrow export base, and pervasive monopolies in important business sectors have made it particularly vulnerable to the sharp deterioration in the global economy and the economic downturn in Russia. Armenia is particularly dependent on Russian commercial and governmental support and most key Armenian infrastructure is Russian-owned and/or managed, especially in the energy sector, including electricity and natural gas. Remittances from expatriates working in Russia are equivalent to about 20% of GDP and partly offset the country's severe trade imbalance. Armenia joined Russia in the Eurasian Economic Union upon the bloc's launch in January 2015.

Armenian Dram (AMD) - national currency of Armenia.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
AMD 33 599 042 335 000
USD 2 1 200 000 000
corporate
USD 33 261 830 498
AMD 19 15 189 590 560
EUR 2 13 000 000

Sovereign rating

Rating AgencyRatingRating scaleDate
RIA Rating *** Sovereign ratings ***
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Rating-Agentur Expert RA *** Rating scale of the creditworthiness of sovereign governments (SGC) -National currency ***
Rating-Agentur Expert RA *** Rating scale of the creditworthiness of sovereign governments (SGC) - Foreign currency ***
Rating-Agentur Expert RA *** Rating scale of the country credit environment (CCE) rating - National currency ***
Rating-Agentur Expert RA *** Rating scale of the country credit environment (CCE) rating - Foreign currency ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
Fitch Ratings *** LT Int. Scale (foreign curr.) ***
Fitch Ratings *** LT Int. Scale (local curr.) ***
Expert RA *** Foreign curr. scale ***
Expert RA *** Local curr. scale ***
National Rating Agency *** Global scale ***
Registration required. Please log in or fill in the registration form.

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Armenia, 0% 4feb2019, AMD (364D) - Domestic bonds AMGT52042190 0% 1 180 000 000  AMD 02/05/2018 02/04/2019
Armenia, 0% 14jan2019, AMD (364D) - Domestic bonds AMGT52141190 0% 1 130 000 000  AMD 01/15/2018 01/14/2019
Ameriabank, 5% 9jan2020, USD - Domestic bonds AMAMRBB28ER8 5% 10 000 000  USD 12/21/2017 01/09/2020
Armeconombank, 12% 28dec2019, USD - Domestic bonds AMHEZBB22ER6 12% 100 000 000  AMD 12/19/2017 12/28/2019
Armeconombank, 5.75% 29dec2019, USD - Domestic bonds AMHEZBB23ER4 5.75% 2 000 000  USD 12/19/2017 12/29/2019
AraratBank, 5.5% 4mar2022, USD (15) - Domestic bonds AMARBKB2FER7 5.5% 5 000 000  USD 12/15/2017 03/04/2022
First Mortgage Company, 10.5% 12dec2019, AMD (1) - Domestic bonds AMFMGCB22ER1 10.5% 100 000 000  AMD 12/12/2017 12/12/2019
First Mortgage Company, 6.5% 12dec2019, USD (2) - Domestic bonds AMFMGCB21ER3 6.5% 500 000  USD 12/12/2017 12/12/2019
Anelik Bank, 5.75% 12oct2019, USD (05) - Domestic bonds AMANLBB25ER5 5.75% 5 000 000  USD 12/07/2017 10/12/2019
AraratBank, 9.5% 4dec2019, AMD (16) - Domestic bonds AMARBKB2GER5 9.5% 1 000 000 000  AMD 12/05/2017 12/04/2019

CIS Bond Market statistics

Monthly indices

Type Jan 2018 Dec 2017 Nov 2017 Oct 2017 Sep 2017 Aug 2017 Jul 2017
Bond market (other CIS)
Gov. bonds outst., USD mln (Armenia) 955.28 912.16 860.57 837.21 831.46 830.04 810.07
Corp. bonds outst., USD mln (Armenia) 209.56 206.61 158.92 153.13 152.65 145.65 130.58
show other indices

Currencies

Daily indices

Type: 02/16/2018 02/15/2018 02/14/2018 02/13/2018 02/12/2018 02/09/2018 02/08/2018
Exchange rates of Central Banks (CIS)
USD/AMD  480.94 481.30 481.61 482.38 482.57 483.11 481.86
EUR/AMD  602.52 600.85 594.93 593.95 591.78 592.49 589.27
RUB/AMD  8.53 8.50 8.37 8.34 8.32 8.32 8.32
show other indices

Money market

Periodic indices

Type: Current value Change Last update
CIS Central Banks Rates
Refinancing Rate (Armenia), %  6.00 -0.25 14.02.2017
Deposit Rate (Armenia), %  4.50 -0.25 14.02.2017
Lombard Repo Rate (Armenia), %  7.50 -0.25 14.02.2017

Macroeconomic Indicators (CIS)

Monthly indices

Type May 2017 Apr 2017 Mar 2017 Feb 2017 Jan 2017 Dec 2016 Nov 2016
Indicators of inflation (CIS)
Monthly Inflation, % (Armenia) -0.20 1.00 -0.30 -0.90 2.60 1.10 1.00
show other indices

Macroeconomic Indicators (World economy)

Monthly indices

Type Jan 2018 Dec 2017 Nov 2017 Oct 2017 Sep 2017 Aug 2017 Jul 2017
Inflation Rate (World), % to the same period of the previous year
Inflation Rate (Armenia) 2.70 2.60 2.20 1.20 1.00 0.90 0.90
show other indices

Yearly indices

Type 2015 2014
Government Debt to GDP (World), %
Government Debt to GDP(Armenia) 42.23 37.51

Bonds prices

issue volume maturity date bid prices ask prices
date bid price yield date ask price yield
Armenia, 6% 30sep2020, USD   USD 09/30/2020 02/16/2018 ***.*** *.** 02/16/2018 ***.** *.**
Armenia, 7.15% 26mar2025, USD   USD 03/26/2025 02/16/2018 ***.* *.** 02/16/2018 ***.** *.**
Ardshinbank (Industrial Construction Bank), 12% 29jul2020, USD   USD 07/29/2020 02/16/2018 ***.* **.** 02/16/2018 ***.* *.**
* Registration required. Please log in or fill in the registration form.
minimizeexpand
150 000
issues: local and international bonds
170
countries
+7 812 336 97 21
pro@cbonds.info
150 000
issues: local and international bonds
170
countries
Сbonds is a global Fixed income data platform
+7 812 336 97 21
pro@cbonds.info
Data
  • Descriptive data on bonds
  • Bond Quotes from trading systems and market participants
  • Prospectuses and other issue documents
  • Credit ratings
  • Indices and indicators
  • Market news and analytical research
Analytical instruments
  • Multi-parameter bond database search
  • Bond Maps
  • Market calendar
  • Bond calculator
  • Watchlist and Portfolio management
  • Chart analysis
  • Mobile App and Excel Add-in Tool
Enter or RegisterSubscription/Trial access
×