Armenia’s securities market on October 12: AMX summary
Government bonds saw 14 trades worth AMD 7.84 billion (about $21.7 million) on the Armenia Stock Exchange (AMX) on October 12. Corporate bonds changed hands in 95 trades across 60 issues worth AMD 226.8 million and $770,500.
Ministry of Finance bond GB1133A led government bonds with AMD 3.32 billion in 3 trades at a yield to maturity of 8.38%. Bond GB1135A saw 4 trades worth AMD 3.17 billion at a yield of 8.77%, and bond GN60314 saw 3 trades worth AMD 1.35 billion at 7.97%.
Fast Bank bonds (FSCRBK) led corporate bonds by volume with AMD 73.1 million in 3 trades at a yield to maturity of 8.75%, followed by Fast Bank bonds (FSCRBQ) at AMD 23.3 million and VAK Metal bonds (VAKMB1) at AMD 21.7 million. Team Holding bonds (TMHDB4) led dollar issues with $131,600 in 3 trades at a yield to maturity of 8.05%. Viva Armenia bonds (KTELB1) saw the most trades: 6 trades worth $25,800. Yields on AMD bond trades ranged from 5.9% to 12.7%, while a single trade in Shtigen bonds (STIGB1) was made at a yield of 19.6%.
Shares saw 11 trades worth AMD 6.75 million. ACBA Bank shares (ACBA) led with 4 trades: 310 shares at an average price of AMD 20,551, worth AMD 6.37 million. Tel-Cell (TLCL), Unibank (UNIB, UNIBP2) and Telecom Armenia (AMTL) shares also traded. There were no repo trades.
The AMD Corporate Bond Market Index (CBMI_AMD) rose 0.10% to 104.66, and the AMD 1–3 Year Corporate Bond Index (C3YBI_AMD) gained 0.09% to 103.75. The USD market index (CBMI_USD) rose 0.11% to 101.79, with a yield to maturity of 4.89%, and the USD 1–3 year index (C3YBI_USD) gained 0.07% to 101.28.
On AMX, the corporate bond market totals AMD 1.06 trillion and market capitalisation AMD 353.1 billion. A total of 278 securities of 64 issuers are listed and admitted to trading.
According to AMX, the US dollar was at AMD 361.93, the euro at AMD 405.58 and the Russian rouble at AMD 4.2677.
trillion drams (AMD)
billion drams (AMD)
| Index | Value | Change | Yield to maturity | Mod. duration |
|---|---|---|---|---|
|
AMD Corporate Bond Market Index
CBMI_AMD
|
104.66 | +0.10% | 1.62 | |
|
AMD 1–3 Year Corporate Bond Index
C3YBI_AMD
|
103.75 | +0.09% | 0.90 | |
|
USD Corporate Bond Market Index
CBMI_USD
|
101.79 | +0.11% | 4.89% | 1.80 |
|
USD 1–3 Year Corporate Bond Index
C3YBI_USD
|
101.28 | +0.07% | 3.70% | 1.08 |
95 trades
FSCRBK
14 trades
GB1133A
11 trades
ACBA
All four corporate bond indices rose, by 0.07% to 0.11%. Government bonds accounted for most of the day’s turnover: AMD 7.84 billion, about AMD 6.5 billion of it in two issues (GB1133A and GB1135A). Dram corporate trade yields ranged from 5.9% to 12.7%, with one separate trade in Shtigen bonds (STIGB1) at a 19.6% yield to maturity.
