Armenia’s Central Bank auctions 0.5 billion drams worth short-term government bonds

18.05.2015 20:47
Armenia’s Central Bank auctions 0.5 billion drams worth short-term government bonds

YEREVAN, May 18. / ARKA /. Armenia's Central Bank said today it has auctioned 500 million drams worth short-term government bonds of AMGT2616B154 issue maturing in 26 weeks.

It said a total of 1.653 billion drams worth bids had been submitted, including 1.643 billion drams worth competitive bids.

Four dealers were said to have taken part in the auction of bonds with weighted average yield of 12674% and 12.69% cut-off point. Profit after placement was said to have amounted to about 470 million drams. ($ 1 - 482.9 drams) .S.S. 0-


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