Government planning to issue fresh bonds worth more than $1.2 billionApril 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 | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |