CBA Places One Billion Drams Short-Term Government Treasury Bonds

07.10.2011 15:01
CBA Places One Billion Drams Short-Term Government Treasury Bonds

YEREVAN, October 7. / ARKA /. Armenia’s Central Bank (CB) said it has placed today one billion drams worth short-term government treasury bonds of AMGT0909C111 series with a 9 week maturity period.

According to the Central Bank press release, some 2.011 billion drams worth bids had been submitted, including 1.939 billion drams worth non-competitive bids.

It said five dealers took part in the auction of bonds with an average weighted yield of 7.6967% and 7.8840% cutoff point.($1 – 374.89 drams). –0--


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