REGULAR ISSUE OF MEDIUM-TERM COUPON BONDS TO TAKE PLACE ON MAY 16

Noyan Tapan
May 16 2006

YEREVAN, MAY 16, NOYAN TAPAN. A regular issue of medium-term coupon
bonds will take place in Armenia on May 16, while a regular issue
of state short-term bonds is scheduled for May 23. NT was informed
from the RA Ministry of Finance and Economy that the issue volume of
medium-term coupon bonds will make 1.5 bln drams (about 3.4 mln USD),
the annual yield of a coupon – 7%, and the minimum purchase volume –
10 thousand drams.