CBA Places 1 Billion Drams Worth Bonds

24.06.2010 21:39
CBA Places 1 Billion Drams Worth Bonds

YEREVAN, June 24, /ARKA/. Armenia’s Central Bank said it has placed today short-term treasury bonds of AMGT52236112 series worth 1 billion Drams with a maturity period of 52 weeks.

It said 8 dealers participated in the auction. The total amount of submitted bids was about 2.627 billion Drams, of which 380 million were non-competitive bids . The average weighted yield on a bond was 9.036.4% with a 9.411.1% cut-off point. ($1 – 369.97 Drams). ---0—


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