Armenia’s Central Bank places short-term government bonds worth 500 mln drams

04.03.2014 16:19
Armenia’s Central Bank places short-term government bonds worth 500 mln drams

YEREVAN, March 4. /ARKA/.The Central Bank of Armenia (CBA) placed short-term government (treasury) bonds worth a total of 500 million drams on March 3.

The maturity period of these AMGT52023155 bonds is 52 weeks, says CBA’s press office.

Total bid amount is 1,033 million drams, including 1,013 million under competitive bids.

Five traders participated in the auction. Average weighted yield was 8.1945% with cutting point at 8.2330%. Profit after placement amounted to 461,742,269 drams. ($1=413.60drams).–0--


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