Central Bank of Armenia auctions 2 billion drams worth mid-term government bonds

20.04.2016 21:58
Central Bank of Armenia auctions 2 billion drams worth mid-term government bonds

YEREVAN, April 20. /ARKA/. Armenia's Central Bank said today it had auctioned April 19 some 2 billion drams worth mid-term government bonds of AMGN36294183 issue maturing before April 29, 2018.

It said a total of 5.723 billion drams worth bids had been submitted, including 5.467 million drams worth competitive bids.

Seven dealers took part in the auction of bonds with average weighted yield of 13.4836%. Profit after placement was said to amount to 1,930,347,101 drams ($ 1 - 480.58 drams).


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