Armenia’s Central Bank auctions 500 million drams worth short-term government bonds

03.02.2014 17:13
Armenia’s Central Bank auctions 500 million drams worth short-term government bonds

YEREVAN, February 3. / ARKA /. Armenia’s Central Bank said today it has auctioned 500 million drams worth short-term government bonds of AMGT52022157 series maturing in 52 weeks.

The regulator said also a total of 1.16 billion drams worth bids had been made, including 1.095 billion drams worth competitive bids.

Four dealers participated in the auction of the bonds with average weighted yield of 8.2347% and 8.2900% cut-off point. Profit after placement was said to amount to 461,568 695 drams ($ 1 - 408.03 drams). -0-


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