Armenia’s securities market on October 8: AMX summary
Government bonds saw 1 trade worth AMD 535.6 million (about $1.48 million) on the Armenia Stock Exchange (AMX) on October 8. Corporate bonds changed hands in 69 trades across 39 issues worth AMD 287.5 million and $617,600.
The trade was in Ministry of Finance bond GN36284, maturing on April 29, 2028, at a yield to maturity of 7.50%.
Fast Bank bonds (FSCRBQ) led AMD issues with AMD 117.2 million in 3 trades, about 41% of the day’s AMD turnover, at a yield to maturity of 9.90%. They were followed by Inecobank bonds (INECBH) at AMD 51.8 million and Armeconombank bonds (HEZBBM) at AMD 42.6 million. Among USD issues, Viva Armenia bonds (KTELB1) saw the most trades: 6 trades worth $239,700. Yields on AMD bond trades ranged from 6% to 12.8%.
Shares saw 4 trades worth AMD 21,100. Tel-Cell shares (TLCL) led with 56 shares at AMD 315, worth AMD 17,600. Unibank (UNIBP2) and Telecom Armenia (AMTL) shares also traded. There were no repo trades.
The AMD Corporate Bond Market Index (CBMI_AMD) fell 0.02% to 104.55, and the AMD 1–3 Year Corporate Bond Index (C3YBI_AMD) also slipped 0.02% to 103.65. The USD market index (CBMI_USD) rose 0.03% to 101.72, with a yield to maturity of 4.97%, and the USD 1–3 year index (C3YBI_USD) gained 0.02% to 101.26.
On AMX, the corporate bond market totals AMD 1.06 trillion and market capitalisation AMD 349.4 billion. A total of 276 securities of 64 issuers are listed and admitted to trading.
According to AMX, the US dollar was at AMD 362.32, the euro at AMD 405.44 and the Russian rouble at AMD 4.2481.
trillion drams (AMD)
billion drams (AMD)
| Index | Value | Change | Yield to maturity | Mod. duration |
|---|---|---|---|---|
|
AMD Corporate Bond Market Index
CBMI_AMD
|
104.55 | -0.02% | 1.63 | |
|
AMD 1–3 Year Corporate Bond Index
C3YBI_AMD
|
103.65 | -0.02% | 0.91 | |
|
USD Corporate Bond Market Index
CBMI_USD
|
101.72 | +0.03% | 4.97% | 1.81 |
|
USD 1–3 Year Corporate Bond Index
C3YBI_USD
|
101.26 | +0.02% | 3.83% | 1.09 |
69 trades
FSCRBQ
1 trade
GN36284
4 trades
TLCL
The day’s largest trade was a single AMD 535.6 million deal in a bond of the Ministry of Finance of the Republic of Armenia (GN36284). In the corporate segment, about three quarters of dram turnover came from three issues – Fast Bank, Inecobank and Armeconombank; dram trade yields ranged from 6% to 12.8%. The equity market remains thin.
