Armenia’s first issue of eurobonds to fetch up $200-250 mln -Ameriabank expert

YEREVAN, September 7. /ARKA/. The volume of Armenia’s first issue of government eurobonds may hit nearly 200-250 million dollars, a head of investment and banking operations department at Ameriabank Arno Mosikyan said on Thursday.

“The government sector is ready to issue eurobonds. We just need to bear in mind the peculiarities of our external debt management in decision making. I think the first volume of eurobonds may be 200-500 million dollars,” he said at the seminar-discussion on eurobonds and their markets.

According to Mr. Mosikyan, it may become an alternative financing source for Armenia, “as now we depend not only on funds of the international structures, and in the case of eurobonds emission we can attract private investments.”

Under the initiative of Ameria group, Troika Dialog and Sberbank experts organized seminar-discussion on eurobonds market in Yerevan.

Mr. Mosikyan also said the seminar participants discussed the general tendency at the international markets. 

Many CIS member states are applying to the financial tools at the eurobonds market in managing their external debt. Ameria group has been cooperating with different beneficiaries for three years

Finance Ministry of Armenia, the Central Bank, NASDAX OMX Armenia, premium clients of Ameriabank and some major potential clients took part in the seminar.

Ameria, founded in 1998 is a leading consulting company group on Armenian market actively working in spheres of corporate restructuring, merging and absorption, legal consulting, direct and portfolio investments, business planning, strategic and tax planning, financial consulting, state administration and reforms. The main companies of the group are Ameriabank CJSC, Amera CJSC and AmeriaInvest CJSC. -0-