NASDAQ OMX Armenia introduces new instrumentSeptember 24, 2012 - 16:52 AMT PanARMENIAN.Net - NASDAQ OMX Armenia introduces a new instrument, foreign currency bonds (FX bonds). FX bonds are corporate bonds, issued by companies, but nominated and traded in foreign currency. FX bonds can circulate in exchange market after being admitted to trading or listed by NASDAQ OMX Armenia. NASDAQ OMX Armenia will not only create opportunity for issuers and market participants to place securities and trade in foreign currency, but also to conclude repurchase agreements (REPO) with new instrument. Introduction of new instrument is aimed at increasing investment and capital raising alternatives for public and Armenian companies, respectively, as well as to stimulate foreign investments to Armenian securities market. 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 | Mirzoyan says meeting with Bayramov was “constructive” At the moment, Ararat Mirzoyan said, there is no basis for additional comments. OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation. France welcomes Armenia-Azerbaijan meeting in Almaty France has welcomed the new round of negotiations between the foreign ministers of Armenia and Azerbaijan. |