Government bond interest rates continue to decline
During a press conference today, Minister of Finance Vahe Hovhannisyan announced that the debt servicing costs envisaged by the 2026 state budget will be lower than planned.
The Minister noted that such a development is driven by positive market trends, both on international platforms and within Armenia.
According to him, a significant decrease in government bond interest rates has been observed in recent years.
While in 2024, treasury bonds with a 10-year maturity were issued at an interest rate of around 9.6%, in the first auction held in 2026, the interest rate for the same bonds stood at 8.09%.
Furthermore, foreign investors are also actively participating in local auctions, thereby contributing to the decline in interest rates.