Central Bank auctions 5 billion drams worth bonds

12.06.2014 19:55
Central Bank auctions 5 billion drams worth bonds

YEREVAN, June 12. / ARKA /. Armenia’s Central Bank has auctioned today 5 billion drams worth long-term government bonds of AMGB20172323 issue maturities before 17th of February 2032.

The regulator said a total of 9.3 billion drams worth bids had been submitted, including over 8 billion drams competitive bids.

Seven dealers were said to have taken part in the auction of bonds with weighted average yield of 12.0294% and 12.1490% cut-off point. The auction was said to have raised over 15 billion drams of profit. ($ 1 - 411.67 drams). -0-


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