Central Bank auctions 0.5 billion drams worth bonds

14.04.2014 18:20
Central Bank auctions 0.5 billion drams worth bonds

YEREVAN, April 14. / ARKA /. The Central Bank of Armenia has auctioned today 500 million drams worth short-term government bonds of AMGT39121155 issue maturing in 39 weeks.

It said 1.232 billion drams worth bids had been submitted for the auction, of which 1.120 billion drams were competitive bids.

Three dealers participated in the auction of bonds with weighted average yield of 8.0294 % and 8.0830% cut-off point. The profit after placement was said to amount to 471,302,666 drams ($ 1 - 415.44 drams). -0-


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