Armenia’s Central Bank places short-term government bonds worth 1 bln drams

30.09.2014 13:01
Armenia’s Central Bank places short-term government bonds worth 1 bln drams

YEREVAN, September 30. /ARKA/. The Central Bank of Armenia (CBA) has placed short-term government treasury bonds of AMGT52289152 series worth 500 million drams, the CBA press office reported.

The maturity period of the bonds is 52 weeks, says the report.

Total volume of bids is 1.7 billion drams, including 1.684 billion drams under competitive bids.

A total of 4 traders took part in the auction. Average weighted bond yield was 7.5009 %, with cutting point at 7.52%. Profit after placement amounted to 929,504,391 drams ($1=408.36drams). –0--


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