Yerevan /Mediamax/. Particular stirring up is expected in December in the market of corporate bond market in Armenia.

Director of “Armswissbank” Investment Department Karen Turyan expressed such an opinion, commenting on Mediamax’s request on November passivity, unprecedented for this year, in the capital market of Armenia.

In November, only 6 deals at the total sum of 1.7mln AMD were concluded on the Stock Exchange on corporate bonds. At that, in November, the market did not demonstrate traditional activity, observed at the end of each month.

“Passivity in the market was conditioned by formation of expectations for USD exchange rate growth among legal entities, and the existing liquidity was mainly directed to concluding deals on purchase and sale of foreign currency”, Karen Turyan stated, noting that the growth of profitability of Armenian governmental bonds also evidences the fact.