Banks have dramatically increased investments in RA treasury bonds

investors in ra banks

At the end of 2022, investments in RA government (treasury) bonds amounted to AMD 1.4 trillion, which is about twice as high as at the beginning of the year.

Investments by commercial banks recorded a sharp increase (+ AMD 390 billion or 86%)։ Investments carried out by non-bank residents grew by AMD 107.1 billion or by 40%, while investments by the Central Bank and non-residents drop by 57% and 18% respectively․

It should be mentioned that the majority of the Central Bank's portfolio consists of government bonds sold to the Central Bank by financial organizations within the frame of repo transactions. The portfolio of the Central Bank without repo transactions decreased by around AMD 900 million.