Ardshinbank has issued Eurobond worth USD 300 million and with the rate of 6.5 percent, which is unprecedented for an Armenian bank.

Prime Minister of Armenia Nikol Pashinyan has made the announcement in a Facebook post.

The demand for the issued Eurobond stood at over USD 200 million. There are around 70 investors at the moment.

“This is a direct foreign investment in our economy. This is a great manifestation of the economic revolution,” noted Pashinyan.