“Decline in Eurobond interest rates proves there is no loss of trust to Armenia”

16.07.2014 | 14:15 Home / News / Capital Market /

NASDAQ OMX Armenia CEO Konstantin Saroyan said today that “the decline in interest rates of Eurobonds prove that there is no loss of trust to Armenia”.

“It’s a different question whether we have mechanisms to easily attract investors”, he pointed out.

“In case of Eurobonds they started at 6.25%, if there is trust to the country people are even ready to make investments by 5.5%. Presently, we have reached a level at which investments are made by 5.1%”, said Konstantin Saroyan.

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