Central Bank auctions 500 million drams worth short-term government bonds

27.07.2015 21:36
Central Bank auctions  500 million drams worth short-term government bonds

YEREVAN, July 27. / ARKA /. Armenia’s Central Bank has auctioned today 500 million drams worth short-term government bonds of AMGT1326A159 issue maturing in 13 weeks.

It said a total of 1.347 billion drams worth bids had been submitted, of which 1.315 billion drams were competitive bids.

Three dealers were said to have attended the auction of bonds with weighted average yield of 11.5312%, and 11.5980% cut-off point. Profit after placement was 485,838,588 drams ($ 1 - 477.90 drams). -0-


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