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Armenia To Repay RF's Loan

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  • Armenia To Repay RF's Loan

    ARMENIA TO REPAY RF'S LOAN

    11:56, 3 October, 2013

    YEREVAN, OCTOBER 3, ARMENPRESS: With the money, got from the
    distribution of the Euro bonds, Armenia will repay the principal
    amount of the loan provided by the Russian Federation during the
    world economic crisis - $440 million and the percents. As reported by
    Armenpress, this was stated by the Minister of Finance of the Republic
    of Armenia David Sargsyan at the session of the Government of Armenia.

    The Prime Minister of the Republic of Armenia Tigran Sargsyan touched
    upon the negative conclusions made by some figures concerning the
    distribution process of the Euro bonds. "The distribution was carried
    out by three world famous companies - Deutsche Bank, GP Morgan and
    HSBC. We managed to distribute the bonds by the lowest rates", -
    emphasized the Prime Minister.

    Armenia issued Euro bonds with the total value of $700 million.

    © 2009 ARMENPRESS.am

    http://armenpress.am/eng/news/735272/armenia-to-repay-rf%E2%80%99s-loan.html


    From: Baghdasarian
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