Central bank auctions 1.414 billion drams worth bonds

08.08.2016 18:55
Central bank auctions 1.414 billion drams worth bonds

YEREVAN, August 8. /ARKA/. Armenia’s Central Bank has auctioned today 1.414 billion drams worth short-term government bonds of AMGT39085171 issue maturing in 39 weeks. A total of 1.414,800 billion drams worth bids had been submitted, of which 1 billion 353 million drams worth bids were competitive.

Three dealers attended the auction of bonds with weighted average yield of 8.6617%, and 8.800% cut-off point. Profit after placement was said to amount to 1,327,596,950 drams ($ 1 - 476.14 drams).


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