1. The overall objective is to contribute to more efficient and self-sustaining financial markets in Armenia.
2. The specific objective is to support targeted corporate issuers to access capital markets through a combination of capacity building and grant co-financing of issuance-related fees

1. Increased number of corporate issuances in the local market.
2. Increased number of first-time corporate issuers in the local market.
3. Increased number of sustainable instruments issued in the local market.
4. Increased capacity of local intermediaries to provide financial services.