Armenia’s securities market on October 2: AMX summary
Government bond trading on the Armenia Stock Exchange (AMX) totalled AMD 2.75 billion (about $7.58 million) on October 2. Corporate bonds changed hands in 118 trades worth AMD 547.9 million, $1.35 million and €3,993.
Government bonds saw 11 trades. The largest volume, AMD 998.1 million in 5 trades, was in Ministry of Finance of Armenia bond GN36284 maturing on April 29, 2028, with a yield to maturity of 7.68%.
National Mortgage Company bonds (NMCCBS) led the corporate bond market with AMD 153.9 million in 2 trades, at a yield to maturity of 6.05%.
Shares saw 8 trades worth AMD 686,155. Most of it, AMD 556,125 in 5 trades, was in ACBA Bank shares (ACBA) at an average price of AMD 20,597.22. Tel-Cell shares (TLCL) rose 5% to AMD 315, and Unibank shares (UNIB, UNIBP2) also traded. In the repo segment, a new trade in Converse Bank bonds (COVSBR) was concluded for AMD 335.9 million for 21 days at 7.25%.
All four corporate bond indices rose. The AMD Corporate Bond Market Index (CBMI_AMD) gained 0.12% to 104.58, and the AMD 1–3 Year Corporate Bond Index (C3YBI_AMD) 0.02% to 103.60. The USD market index (CBMI_USD) rose 0.07% to 101.70, with a yield to maturity of 5.04%, and the USD 1–3 year index (C3YBI_USD) 0.05% to 101.22.
On AMX, the corporate bond market totals AMD 1.06 trillion and market capitalisation AMD 352.5 billion. A total of 276 securities of 64 issuers are listed and admitted to trading.
According to AMX, the US dollar was at AMD 362.82, the euro at AMD 409.70 and the Russian rouble at AMD 4.35.
trillion AMD
billion AMD
| Index | Value | Change | Yield to maturity | Modified duration |
|---|---|---|---|---|
|
Corporate Bond Market Index, AMD
CBMI_AMD
|
104.58 | +0.12% | 1.65 | |
|
1–3 Year Corporate Bond Index, AMD
C3YBI_AMD
|
103.60 | +0.02% | 0.92 | |
|
Corporate Bond Market Index, USD
CBMI_USD
|
101.70 | +0.07% | 5.04% | 1.82 |
|
1–3 Year Corporate Bond Index, USD
C3YBI_USD
|
101.22 | +0.05% | 3.99% | 1.10 |
118 trades
NMCCBS
11 trades
GN36284
8 trades
ACBA
All four corporate bond indices closed the day higher, with the Corporate Bond Market Index, AMD (CBMI_AMD) posting the biggest gain. Government bonds attracted the most money, accounting for about 73% of the day’s turnover. In the corporate segment, National Mortgage Company securities stood out.
