Armenia has issued a $750,000,000 Eurobond for a term of 10 years, with 3.875% profitability. This is what Governor of the Central Bank of Armenia Martin Galstyan told reporters today.
“If the previously issued bonds aren’t redeemed at the expense of those bonds, the public debt will grow in the amount of $750,000,000. There was a high demand. There has never been such a demand for bonds issued by Armenia,” he stated.
Experts predict an up to $8,000,000,000 growth of Armenia’s public debt.
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