Armenian central bank auctions 500 million drams

26.10.2015 14:21
Armenian central bank auctions 500 million drams

YEREVAN, October 26. / ARKA /. Armenia’s Central Bank said  it has auctioned October 26 some 500 million drams worth short-term government bonds of AMGT13251168 issue maturing in 13 weeks. It said a total of 925.5 million drams worth bids had been submitted, of which 913.5 million drams worth bids were competitive.

Three dealers were said to have taken part in the auction of bonds with average weighted yield of 11.4949% and 11.5% cut-off point. Profit after placement was said to amount to 485,881,974 drams ($ 1 - 469.79 drams). -0-


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