Armenia's Government Bond Market Volume Surged by 328% in December

The Armenia Stock Exchange (AMX) recorded a sharp increase in capital market activity in December 2025, making it the busiest month of the year in terms of trading volumes and the number of transactions.

The primary driver of this growth was the government bond market. More than 32.5 billion AMD was placed on the primary auction platform, while secondary market trading volume reached approximately 29 billion AMD. On a year-on-year basis, turnover skyrocketed by 328%, indicating a surge in investor interest in debt instruments.

High activity was also observed in the corporate bond market: 1,504 transactions were concluded during the month with a total volume of about 13.3 billion AMD, with 167 issues in circulation.

Stock market trading volume exceeded 6 billion AMD, and market capitalization reached approximately 467 billion AMD, increasing by 6.29% compared to the previous year. A total of 190 equity transactions were completed.

Significant volumes were also recorded in the REPO market, where total turnover exceeded 4 billion AMD, while 5 transactions worth approximately 5 billion AMD were conducted on the basket REPO platform.

In the exchange's foreign currency market, 4 transactions involving US dollars were carried out in December, totaling approximately 877 million AMD. The average transaction price was 381.35 AMD per dollar.

The December figures confirm growing investor confidence and the strengthening role of the capital market within Armenia's financial system.

Source: ArmInfo