Armenia’s Central Bank auctions 500 million drams worth short-term government bonds

16.06.2014 19:46
Armenia’s Central Bank auctions 500 million drams worth short-term government bonds

YEREVAN, June 16. / ARKA /. Armenia’s Central Bank has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT2615C146 issue maturing in 26 weeks.

It said a total of 1.070 billion drams worth bids had been submitted, of which 1.050 billion drams were competitive.

Four dealers participated in the auction of bonds with weighted average yield of 7.6648% and 7.7052% cut-off point. The profit after placement was said to have amounted to 481,347,743 drams ($ 1 - 411.86 drams). -0 -


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