Central Bank auctions 0.5 billion drams worth short-term (treasury) government bonds

28.04.2014 19:43
Central Bank auctions 0.5 billion drams worth short-term (treasury) government bonds

YEREVAN, April 28. / ARKA /. Armenia’s Central Bank said it has auctioned today 0.5 billion drams worth short-term (treasury) government bonds of AMGT13287147 issue maturing in 13 weeks.

It said 1.4 billion drams worth bids had been submitted, of which 1.34 billion drams were competitive bids.

Four dealers were said to have taken part in the auction of bonds with 7.6181% yield and 7.7500% cut-off point. The profit after placement was said to have amounted to 490,553,444 drams ($ 1 - 412.80 drams). -0-


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