Armenian Central Bank auctions 3 billion Drams worth mid-term government bonds

15.10.2013 17:42
Armenian Central Bank auctions 3 billion Drams worth mid-term government bonds

YEREVAN, October 15. / ARKA /. The Central Bank of Armenia has auctioned today 3 billion drams worth mid term government bonds of AMGN36294167 issue maturing in 2016 April.

The Central Bank said a total of 9.6 billion drams worth bids had been made, of which 8.25 billion were competitive bids.

Seven dealers participated in the auction of bonds with an average yield of 12.5329 % and 12.7495 cut-off point 12.7495 %. Profit after placement amounted to 2,977,277,367 drams ($ 1 - 408.37 drams). -0-


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