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 | Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia. Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |