YEREVAN, February 17. / ARKA /. Total investments in Armenian government bonds in December 2013 surged by almost 21 percent from the year before to 301.1 billion drams, according to the monthly bulletin of the Central Bank of Armenia for December 2013.

The Central Bank said resident investment in government bonds amounted to about 300.5 billion drams, having increased by 20.3%.

Banks’ investments in government bonds were said to have soared by 25 percent to about 162.5 billion drams; Central Bank’s investments increased by 18 percent to 109.9 billion drams.

Non-bank agents and dealers made no investments last December in government bonds, while non-bank investors invested 28.01 billion drams, a growth of 11.6%.

Non-residents’ investments in Armenian government bonds more than tripled to 669 million drams.
($ 1 - 412.25 drams). -0-