Armenian Central Bank to place mid-term government bonds worth AMD 6 billion

05.08.2011 12:07
Armenian Central Bank to place mid-term government bonds worth AMD 6 billion

YEREVAN, April 26. /ARKA/. On August 9 and 16, the Central Bank of Armenia will place AMGN60294166 and AMGN36294142 mid-term treasury government bonds worth AMD 6 billion, the press office of the central bank reports (every placement amounts to AMD 3 billion).

Coupon yield on bonds is set at 11%. Coupon payments will be carried out once in every six months.

Initial price for one bond is set at AMD 10,000 with a step of AMD 1,000. ($1 = AMD 365.7).-0-


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