Central Bank auctions 0.5 billion drams worth short-term bonds

23.06.2014 19:15
Central Bank auctions 0.5 billion drams worth short-term bonds

YEREVAN, June 23. / ARKA /. The Central Bank of Armenia has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT13229149 issue maturing in 13 weeks.

The Central Bank said 965 million drams worth bids had been submitted, including 950 million drams worth competitive bids. Three dealers participated in the auction of bonds with weighted average yield of 7.4848% and 7.5100% cut-off point. The profit after placement was said to amount to 490,715,747 drams ($ 1 - 409.54 drams). -0-


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