Armenia’s Central Bank auctions 520 million drams worth short-term government bonds

21.11.2011 19:00
Armenia’s Central Bank auctions 520 million drams worth short-term government bonds

YEREVAN, November 21. /ARKA/. Armenia’s Central Bank said it has placed today 520 million drams worth ырщке-еукь government treasury bonds of AMGT39208127 series with a 39 week maturity period.

The Central Bank said the amount of competitive bids was 500 million drams and 20 million drams were non-competitive bids. The Treasury Depository did not make bids. One dealer was said to have taken part in the auction of bonds with an average weighted yield of 9.1142% and 9.4400% cutoff point. ($1 – 383.95 drams). -0-


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