Armenia’s Central Bank places short-term government coupon bonds worth total of 1 billion drams

14.01.2013 17:50
Armenia’s Central Bank places short-term government coupon bonds worth total of 1 billion drams

YEREVAN, January 14. /ARKA/. Armenia’s central bank placed short-term government coupon bonds of AMGT52131149 series worth a total of 1 billion drams today, the bank’s press service reported. The redemption period of the bonds is 52 weeks.

Bids totaled 2.647bln drams, including 2.547bln drams under competitive bids.

Eight dealers participated in the auction. Average weighted yield was 10.7736%, with the cutting point at 10.8885%. Profit after placement amounted to 901,767,748 drams. ($1=408.59drams). –0--


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