  New financial instruments to appear in Armenian capital marketOctober 6, 2009 - 16:36 AMT PanARMENIAN.Net - The Armenian Government may introduce new financial instruments related to foreign exchange, Armen Melikyan, CEO of NASDAQ OMX Armenia Stock Exchange, said. According to him, among new financial instruments will be SWOP and derivative securities. "Most of them will be corporate bonds, which will prevail in the coming years," he said. According to Armen Melikyan, development of capital market depends not only on activities implemented by the government and the NASDAQ OMX Armenia Stock Exchange, but also from the mutual work of investment companies and the public, potential investors. Accordingly, to develop the capital market money must be invested today, Armen Melikyan said.   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 |  Related sections Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
