About us
About us
Treasury Direct is a structural unit of the Ministry of Finance of the Republic of Armenia, which carries out the direct (retail) sale of Government treasury securities to resident and non-resident individuals. Treasury Direct was established in 1999 with the aim of supporting citizens who want to invest their savings reliably and safely. When purchasing Government treasury securities through the Treasury Direct, the investor benefits from a number of advantages:
• Investors cooperate directly with the government without intermediaries;
• Income from bonds is not taxed;
• Bonds are sold without commissions.
The Government treasury securities were issued according to the Republic of Armenia Government `s decision N 381 dated 13.04.2017. Government T-bills, medium-term and long-term coupon bonds are allocated through the direct sale by Treasury Direct in the amount of up to ten percent of each allocation volume. When purchasing medium-term and long-term coupon bonds, investors receive their income within a defined period of time through coupons at semi-annual intervals, and when purchasing T-bills, at the end of the defined period.
Savings coupon bonds are sold only through the Treasury Direct, in the form of free sale, during the period determined by the order of Minister of Finance of the RA and are sold exclusively to individuals. These bonds can be issued with maturities ranging from 3 months to 25 years and sold at face value or at a premium to face value. When purchasing savings coupon bonds, investors receive their income through coupons at quarterly, semi-annual or annual intervals. Saving coupon bonds are not subject to collateralization, donation, purchase or sales, but on buyback days investors have opportunity to return the bonds to the issuer and receive the whole income calculated before the day of buyback. Government Treasury Securities can be purchased through the Treasury Direct by visiting the Treasury Direct service centers or online through the website gp.minfin.am.
The addresses of the service centers are:
Amiryan 23/1, area of Armeconombank
24 Tigran Mets, area of Erebuni branch of Ardshinbank
Komitas 49, area of Kentron branch of Conversbank
For details, you can contact the Treasury Direct at the following phone numbers: (+37411) 910-422, (+37411) 910-423