Armenian Central Bank auctions short-term government bonds worth AMD 1 billion

18.07.2016 18:48
Armenian Central Bank auctions short-term government bonds worth AMD 1 billion

YEREVAN, July 18. /ARKA/. The Central Bank of Armenia auctioned today 39-week AMGT39174170 government bonds worth AMD 1 billion, the press office of the Central Bank of Armenia reports.

Bids at the auction totaled AMD 3 billion 528 million, of which AMD 3 billion 118 million came as competitive bids.

Six dealers took part in the auction. Average weighted yield was 9.0712% with the cutting point of 9.0987%.

Profit from the auction amounted to AMD 935 637 575 drams. ($1 – AMD 476.75). --0----


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