Central Bank auctions 4 billion drams worth short-term government bonds

18.02.2014 19:02
Central Bank auctions 4 billion drams worth short-term government bonds

YEREVAN, February 18. / ARKA /. The Central Bank of Armenia has auctioned today 4 billion drams worth short-term government (treasury) bonds of AMGN36294167 issue maturing in 2016 April.

It said a total of 10.2 billion drams worth bids were submitted, of which 8.9 billion drams were competitive bids.

Seven dealers were said to have taken part in the auction of bonds with 9.5841% weighted average yield and 9.6688 %.cut-off point. The profit after placement was said to amount to 4,154,173,919 drams ($ 1 - 412.09 drams). -0-


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