Armenia’s CB auctions AMD 1-bln worth short-term government bonds on April 15

15.04.2013 17:05
Armenia’s CB auctions AMD 1-bln worth short-term government bonds on April 15

YEREVAN, April 15. / ARKA /. The Central Bank of Armenia said today it had auctioned one billion drams worth short-term government bonds of AMGT39131147 issue maturing in 39 weeks.

It said 1. 28 billion drams worth bids had been made, of which 1.22 billion drams were competitive bids.

The auction was attended by four dealers. The average weighted yield on a bond was 9.1967%. The cutoff point was 9.2500%. The return on placement amounted to 934 805 380 drams ($ 1 – 417.40 drams).—0-


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