Commercial banks invested AMD 159.6 bln in Government bonds in March, up by 0.1%

16.05.2012 12:14
Commercial banks invested AMD 159.6 bln in Government bonds in March, up by 0.1%

YEREVAN, May 16. /ARKA/. Armenian banks invested nearly 159.6 billion drams in government bonds in late March of 2012, up 0.1 % from February.

According to the report “Summary of monetary-credit indicators in March 2012” made by the Central Bank of Armenia, Armenia’s residents allocated over 212.9 billion drams to government bonds ( increase by 2.1% from the previous month).

The investments by the banks made up 74.8% of the total amount of the government short-term bonds. Of this the share of the Central Bank reached 13.5%, and non-banking bodies, dealers and investors- 11.5%.

According to the source, total investments in government short-term bonds as of March 31 advanced 2.1% to nearly 213.2 billion drams from February. ($1 – 395.85 drams).—0—


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