The European Bank for Reconstruction and Development (EBRD) will issue AMD 5 billion bonds on the Armenian capital market on July 7, 2026, which will have a floating yield:
The bond placement is planned through an auction on the Armenian Stock Exchange (AMX), with participation possible through investment providers that are members of the exchange:
This investment initiative aims to develop financial instruments in local currency, expand financing opportunities, and deepen the Armenian financial market:
The bonds will have a maturity of 36 months (3 years), and the coupon yield will be floating, linked to the yield of 6-month government bonds of Armenia:
After placement, the EBRD bonds will be listed on the Armenian Stock Exchange (AMX) and will undergo necessary procedures to ensure their use in RA Central Bank REPO operations:
