On April 25, 2017 allocation and buyback auctions of Armenian government treasury bonds were transferred from Central Bank to NASDAQ OMX Armenia platform.  

The bourse informs that Armenian government bond auctions will be handled via Genium INET electronic trading system, developed by Nasdaq and featured with the latest technological solutions.

The mentioned trading system is used by Nasdaq group’s American and European exchanges, as well as in other large financial centers, such as Tokyo, Hong Kong, Singapore.  

“Introduction of the new automated trading system has facilitated arrangement of government bond auctions. The software is more flexible and user friendly. It has simplified order input features and transaction speed in microseconds. The system allows T+1 settlement, which is an additional liquidity management opportunity for trade participants,” the message reads.

The bourse empahzasizes that modern software solutions of Genium INET enable the government to be more flexible in debt management process.

The project was developed and implemented owing to the joint efforts of NASDAQ OMX Armenia, Central Bank of Armenia and Ministry of Finance of Armenia.

The bourse launched a free on-line system for government bonds allocation and buyback, which can be accessed via registering with ID card.

Service points of Treasury direct system by Armenian Ministry of Finance will be available together with the on-line system. In this case investors will be able to find services of the on-line system, as well as register even without an ID card.