Armenian central bank auctions three billion drams worth mid-term government bonds

13.01.2016 18:58
Armenian central bank auctions three billion drams worth mid-term  government bonds

YEREVAN, January 13. /ARKA/. Armenian Central Bank said today it has auctioned three billion drams worth mid-term government bonds of AMGN60294208 issue maturing before April 29, 2020.

The ministry of finance said 3.568 billion worth bids had been submitted, of which 3.288 billion worth bids were competitive.

The auction was attended by 7 dealers. The average weighted yield on a bond was 15.6211% with 15.8934% cut-off point. Profit from the issue was said to have amounted to 2,546,379,027 drams ($ 1 - 483.67 drams).-0-


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