Yerevan /Mediamax/. From mid-July, after an unprecedented inactivity on “NASDAQ OMX Armenia”, which lasted for 2 weeks, activity has been registered concerning deals with corporate bonds. The volumes of deals reduced and overall reduction of interest rates is observed.

“Armswissbank” Investment Department Director Karen Turyan informed Mediamax that the demand for corporate bonds, and particularly ones, issued by banks, occurred as a result of abrupt decrease of yield for governmental bonds.

“Cascade Investments” Investment Manager Yeghishe Qerobyan also believes that the fact that the market has stirred up is directly related with imbalance, which occurred in markets of governmental and corporate bonds, to be more exact, with the difference in yields of the two types of bonds.

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