Central Bank auctions 0.5 billion drams worth short-term bonds

27.04.2015 22:33
Central Bank auctions 0.5 billion drams worth short-term bonds

YEREVAN, April 27. / ARKA /. Armenia's Central Bank said it has auctioned today 500 million drams worth short-term government bonds of AMGT13277155 issue maturing in 13 weeks.

It said 630 million drams worth bids had been submitted, of which 620 million drams were competitive bids.

Three dealers were said to have taken part in the auction of bonds with weighted average yield of 12.7354% and 12.8100% cut-off point. Profit after placement was 484,405,851 drams ($ 1 - 474.42 drams). -0-


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