Armenian Central Bank auctions one billion drams short-term bonds

11.03.2013 17:07
Armenian Central Bank auctions one billion drams short-term bonds

YEREVAN, March 11. / ARKA /. The Central Bank of Armenia said it has auctioned today short-term government bonds worth one billion drams of AMGT52103148 issue with a maturity period of 52 weeks.

The total volume of submitted bids amounted to 2.381.190 billion drams, of which 2.281.190 billion drams were competitive bids.

The auction was attended by six dealers. The average weighted yield of a bond was 9.7053% with 9.7315% cutoff point. Profit after placement was 910,638,071 drams ($ 1 - 410.58 drams). -0-


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