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Bookrunner League Table of Local Armenian Bonds, 2025

Last updated 13/01/2026
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  • #
  • Investment Bank
  • Amount, mln USD
  • Number of issuers
  • Number of issues
  • 1
  • Ameriabank
  • 263
  • 4
  • 18
  • Amount, mln USD | Share, %
    263 | 37.75
  • Number of issuers | Number of issues
    4| 18
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • 2
  • Inecobank
  • 67
  • 1
  • 7
  • Amount, mln USD | Share, %
    67 | 9.68
  • Number of issuers | Number of issues
    1| 7
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • 3
  • Fast Bank
  • 63
  • 1
  • 4
  • Amount, mln USD | Share, %
    63 | 9.11
  • Number of issuers | Number of issues
    1| 4
  • ***
  • ***
  • ***
  • ***
  • 4
  • ID Bank
  • 45
  • 1
  • 7
  • Amount, mln USD | Share, %
    45 | 6.41
  • Number of issuers | Number of issues
    1| 7
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • 5
  • AraratBank
  • 44
  • 1
  • 2
  • Amount, mln USD | Share, %
    44 | 6.34
  • Number of issuers | Number of issues
    1| 2
  • ***
  • ***
  • Amount, mln USD | Share, %
    42 | 5.96
  • Number of issuers | Number of issues
    3| 8
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • Amount, mln USD | Share, %
    41 | 5.88
  • Number of issuers | Number of issues
    1| 7
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • Amount, mln USD | Share, %
    29 | 4.17
  • Number of issuers | Number of issues
    1| 2
  • ***
  • ***
  • 9
  • ACBA Bank
  • 25
  • 1
  • 4
  • Amount, mln USD | Share, %
    25 | 3.59
  • Number of issuers | Number of issues
    1| 4
  • ***
  • ***
  • ***
  • ***
  • 10
  • Dimension Investments
  • 24
  • 6
  • 10
  • Amount, mln USD | Share, %
    24 | 3.45
  • Number of issuers | Number of issues
    6| 10
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • ***
  • 11
  • CUBE INVEST
  • 22
  • 3
  • 4
  • Amount, mln USD | Share, %
    22 | 3.16
  • Number of issuers | Number of issues
    3| 4
  • ***
  • ***
  • ***
  • ***
  • 12
  • Freedom Finance Armenia
  • 13
  • 1
  • 2
  • Amount, mln USD | Share, %
    13 | 1.82
  • Number of issuers | Number of issues
    1| 2
  • ***
  • ***
  • Amount, mln USD | Share, %
    11 | 1.57
  • Number of issuers | Number of issues
    1| 3
  • ***
  • ***
  • ***
  • 14
  • Sirius Capital
  • 4
  • 1
  • 1
  • Amount, mln USD | Share, %
    4 | 0.56
  • Number of issuers | Number of issues
    1| 1
  • ***
  • 15
  • Armbrok
  • 4
  • 1
  • 1
  • Amount, mln USD | Share, %
    4 | 0.56
  • Number of issuers | Number of issues
    1| 1
  • ***
  • Total
  • 697
  • 26
  • 80
  • Amount, mln USD | Share, %
    697 | 100
  • Number of issuers | Number of issues
    26 | 80
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