Issue of New Saving Coupon Bonds for Citizend Planned This Year

ISSUE OF NEW SAVING COUPON BONDS FOR NATURAL PERSONS PLANNED THIS YEAR
IN ARMENIA

YEREVAN, MAY 27, NOYAN TAPAN. According to Head of the State Debt
Management Department of the RA Ministry of Finance and Economy
Arshaluys Margarian, it is planned to issue new saving coupon bonds
only for natural persons this year in Armenia. He told NT
correspondent that in this connection the Ministry has developed
legislative amnedments to be submitted soon to the National
Assembly. Department Head stated that the sale of saving bonds will be
conducted through the Treasury Depository only. The total initial
amount of these bonds with a maturity of 9 months will make 100 mln
drams (about 227 thousand USD).