Armenian Central Bank auctions 500 million drams worth short-term treasury government bills

01.07.2013 17:13
Armenian Central Bank auctions 500 million drams worth short-term treasury government bills

YEREVAN, July 1. / ARKA /. The Central Bank of Armenia said it has auctioned today 500 million drams worth short-term treasury government bonds of AMGT52306147 issue with a maturity period of 52 weeks.

The Central Bank said also a total of 1,779,661 drams worth bids had been made, of which 1,774,632 were competitive bids. Seven dealers were said to have participated in the auction of bonds with average yield of 8.9858% and 9.0000% cut-off point. The after placement profit was said to amount to 458,355,323 drams ($ 1 - 409.90 drams). -0-


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