Armenia’s securities market on October 22: AMX summary
Corporate bonds changed hands in 89 trades worth AMD 612.6 million (about $1.70 million) and $316 thousand on the Armenia Stock Exchange (AMX) on October 22. Government bonds saw 10 trades worth AMD 129.7 million (about $358.9 thousand). A Ministry of Finance bond (GN36284) led with AMD 78.1 million at a yield to maturity of 7.37%. Yields on government bond trades ranged from 7.37% to 9.24%.
Electric Networks of Armenia bonds (HELCB1) led corporate bonds by volume with AMD 245.9 million across 4 trades at a yield to maturity of 10.15%, about 40% of dram turnover. They were followed by National Mortgage Company bonds (NMCCBS, AMD 72.7 million, 7.15%) and Global Shipping bonds (GLBSB1, AMD 31.7 million, 10.84%). Converse Bank bonds (COVSBJ) topped the dollar segment with $74.9 thousand at a yield of 5.27%.
Shares saw 10 trades: 210 shares worth AMD 131.6 thousand. ACBA Bank shares (ACBA) led with 2 trades worth AMD 83.1 thousand, closing at AMD 20,710 (-0.43%). Telecom Armenia shares (AMTL) recorded 3 trades worth AMD 44.3 thousand at AMD 220.4 (+0.18%). The repo segment had no trades.
The AMD Corporate Bond Market Index (CBMI_AMD) rose 0.13% to 104.53 and the AMD 1–3 Year Corporate Bond Index (C3YBI_AMD) 0.04% to 103.87. The USD market index (CBMI_USD) was unchanged at 101.59, with a yield to maturity of 4.88%, while the USD 1–3 year index (C3YBI_USD) lost 0.05% to 100.91.
On AMX, the corporate bond market totals AMD 1.06 trillion and market capitalisation AMD 379.6 billion. A total of 277 securities of 64 issuers are listed and admitted to trading.
According to AMX, the US dollar traded at AMD 361.40, the euro at AMD 405.92 and the Russian rouble at AMD 4.4121.
trillion drams (AMD)
billion drams (AMD)
| Index | Value | Change | Yield to maturity | Mod. duration |
|---|---|---|---|---|
|
AMD Corporate Bond Market Index
CBMI_AMD
|
104.53 | +0.13% | 1.62 | |
|
AMD 1–3 Year Corporate Bond Index
C3YBI_AMD
|
103.87 | +0.04% | 0.91 | |
|
USD Corporate Bond Market Index
CBMI_USD
|
101.59 | 0.00% | 4.88% | 1.77 |
|
USD 1–3 Year Corporate Bond Index
C3YBI_USD
|
100.91 | -0.05% | 3.73% | 1.05 |
89 trades
HELCB1
10 trades
GN36284
10 trades
ACBA
Most of the day’s volume came from dram-denominated corporate bonds, with almost 40% of that turnover generated by a single issue — Electric Networks of Armenia bonds (HELCB1). Yields on dram corporate bond deals ranged from 6.30% to 13.00%, and on government bonds from 7.37% to 9.24%.
