Armenian central bank auctions 6 billion drams worth mid-term government bonds

25.05.2016 18:33
Armenian central bank auctions 6 billion drams worth mid-term government bonds

YEREVAN, May 25. /ARKA/. Armenia's Central Bank auctioned on May 24 six billion drams worth mid-term government bonds of AMGN36294191 issue maturing before 29 April 2019.

The Central Bank said a total of 16 billion and 112 million drams worth bids had been submitted, including 13 billion and 777 million drams worth competitive bids.

Seven dealers took part in the auction of bonds with average weighted yield of 13.2631% and 13.3400% cut-off point. Profit after placement was 5,430,817,946 drams ($ 1 - 478.74 drams). -0--


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