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6 October 2009 - 11:04 AMT

Armen Melikyan: it’s essential to hold out till 2010 first half-year

There will not be a new emission of corporate bonds till first half-year of 2010, according to NASDAQ OMX CEO Armen Melikyan.

“The year is coming to an end, so the companies will summarize the outcomes of their activities. Moreover, winter is usually a passive period, not to mention the ongoing economic crisis,” he said.

However, Mr. Melikyan forecast some progress from March to June 2010.