Central Bank of Armenia places mid-term government bonds worth 4 bln drams

18.06.2014 12:47
Central Bank of Armenia places mid-term government bonds worth 4 bln drams

YEREVAN, June 18. /ARKA/. The Central Bank of Armenia placed mid-term government treasury bonds worth 4 billion drams on June 17.

The bonds placed were of AMGN60294190. The maturity expires on June 17 2019, the press office of the central bank reported.

Total bid volume was 9,270 million drams, of it 8,150 million drams under non-competitive bids.

Seven traders participated in the auction.  Average weighted bond yield was 10.3651% with cutting point at 10.5100%.

Earnings from placement amounted to 3,687,494,468 drams. ($1=411.51drams). --0—


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