Armenia’s Central Bank places short-term government bonds worth 500 mln drams

24.03.2015 13:53
Armenia’s Central Bank places short-term government bonds worth 500 mln drams

YEREVAN, March 24. /ARKA/. The Central Bank of Armenia (CBA) has placed short-term government treasury bonds of AMGT13226152 series worth 500 million drams, the CBA press office reported.

The maturity period of the bonds is 13 weeks, says the report.

Total volume of bids is 554 million drams, including 502 million drams under competitive bids.

A total of 3 traders took part in the auction. Average weighted bond yield was 13.4760%, with cutting point at 13.5999%. Profit after placement amounted to 483,528,880 drams ($1=477.71drams). –0--


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