Armenian Central Bank auctions 3.1 billion drams worth mid-term government bonds

15.04.2014 17:38
Armenian Central Bank auctions 3.1 billion drams worth mid-term government bonds

YEREVAN, April 15. / ARKA /. The Central Bank of Armenia said it has auctioned today 3.115 billion drams worth mid-term government (treasury) bonds of AMGN36294167 issue maturities by 29th of April 2016.

It said 7.14 billion drams worth bids had been submitted, including 6.8 billion drams worth competitive bids.

Seven dealers participated in the auction of bonds with average yield of 9.6851 % and 9.8200 % cut-off point. The profit after placement was said to have amounted to 3,276,263,458 drams ($1 - 415.17 drams).


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