Central bank auctions one billion drams worth mid-term government bonds

13.10.2015 01:34
Central bank auctions one billion drams worth mid-term government bonds

YEREVAN, October 12. / ARKA /. Armenia's Central Bank said it has auctioned October 12 one billion drams worth mid-term government bonds of AMGT39117161 issue maturing in 39 weeks.

It said a total of 1.378. 4 billion drams worth bids had been submitted, of which 1.324.3 billion were competitive bonds.

Four dealers took part in the auction of bonds with weighted average yield of 11.9339% and  12.1212% cut-off point. Profit after placement was said to amount to 917,011,359 drams ($ 1 - 473.99 drams). -0-


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