  Government planning to issue fresh bonds worth more than $1.2 billion April 22, 2017 - 14:14 AMT PanARMENIAN.Net - The Armenian finance ministry is going to issue bonds worth AMD 600 billion ($1.23 billion) on April 29, according to information published on the official website of the Central Bank. The government envisages to take the debt in three tranches, each in the form of bonds worth AMD 200 billion. Armenia will have the first batch of the bonds repaid in 2020 with an 8% interest rate. The second and third parts will be repaid in 2022 and 2037, with additional payments of 9% and 12.5%, respectively.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news European Parliament to discuss repression in Azerbaijan  The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE.Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |
