Armenia’s securities market on October 1: AMX summary
Government bond trading on the Armenia Stock Exchange (AMX) totalled AMD 7.62 billion (about $21.0 million) on October 1. Corporate bonds changed hands in 106 trades worth AMD 842.7 million and $1.99 million.
Government bonds saw 18 trades. The largest volume, AMD 2.35 billion, was in Ministry of Finance of Armenia bond GB3150A maturing on October 29, 2050. Its price fell 1.61%, and its yield to maturity rose 0.17 percentage points to 9.27%.
Amio Bank bonds (ARBBBS) maturing on September 1, 2029 led the corporate bond market with AMD 504.0 million in 2 trades, at an average price of 99.98% of par.
Shares saw 6 trades worth AMD 2.16 million. Most of it, AMD 1.88 million, was in ACBA Bank shares (ACBA), which were unchanged at AMD 20,700.
AMD-denominated corporate bond indices rose. The AMD Corporate Bond Market Index (CBMI_AMD) gained 0.03% to 104.45, and the AMD 1–3 Year Corporate Bond Index (C3YBI_AMD) 0.01% to 103.58. The USD market index (CBMI_USD) fell 0.08% to 101.63, with a yield to maturity of 5.10%, and the USD 1–3 year index (C3YBI_USD) 0.03% to 101.17.
The corporate bond market totals AMD 1.05 trillion and market capitalisation AMD 351.9 billion. A total of 276 securities of 64 issuers are listed and admitted to trading.
According to AMX, the US dollar was at AMD 362.83, the euro at AMD 412.14 and the Russian rouble at AMD 4.34.
trillion AMD
billion AMD
| Index | Value | Change | Yield to maturity | Modified duration |
|---|---|---|---|---|
|
Corporate Bond Market Index, AMD
CBMI_AMD
|
104.45 | +0.03% | 1.64 | |
|
1–3 Year Corporate Bond Index, AMD
C3YBI_AMD
|
103.58 | +0.01% | 0.92 | |
|
Corporate Bond Market Index, USD
CBMI_USD
|
101.63 | -0.08% | 5.10% | 1.83 |
|
1–3 Year Corporate Bond Index, USD
C3YBI_USD
|
101.17 | -0.03% | 4.07% | 1.10 |
106 trades
ARBBBS
18 trades
GB3150A
6 trades
ACBA
Government bonds remained the most active segment for a third day in a row, at AMD 7.6 billion across 18 trades. Long-dated government bonds are getting cheaper: the yield on the issue maturing in 2050 (GB3150A) rose to 9.27%. USD turnover in corporate bonds grew 4.5-fold to $1.99 million, from $0.44 million the previous day. Nearly 60% of AMD corporate bond turnover came from two trades in Amio Bank bonds (ARBBBS).
