CBA Places 1.9 Billion Drams Mid-Term Bonds

16.08.2011 14:07
CBA Places 1.9 Billion Drams Mid-Term Bonds

YEREVAN, August 16, /ARKA/. The Central Bank of Armenia said today it has placed 1.925 billion drams worth mid-term government treasury bonds of  AMGN36294142 series with a three-year maturity period.

The Central Bank said 6 dealers took part in the auction. Of 1.955 billion drams worth bids 320 million dram bids were non-competitive. The average yield on a bond was 13.1856% and the cutoff point was  13.5800%. ($1 – 368.03 drams). -0-


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