Armenian central bank auctions mid-term and short-term government bonds

17.08.2016 17:04
Armenian central bank auctions mid-term and short-term government bonds

YEREVAN, August 17. /ARKA/. Armenia’s Central Bank said today it had auctioned August 16  some  4,847,500,000 drams worth mid-term government bonds of AMGN36294194 issue with a maturity of up to 29 April 2019.

According to the regulator, a total of 5.1075 billion drams worth bids had been submitted, of which 4,434,500,000 drams worth bids were competitive. Seven dealers took part in the auction of the bonds with weighted average yield of 10.2105% and 10.8000%c cut-of point. Profit after placement was 4,840,368,153 drams.

Earlier, on August 15 the Central Bank had auctioned 1.253 billion drams worth short-term government bonds of AMGT26132176 issue with a maturity of 26 weeks. A total of 1.253 billion drams worth bids had been made, all competitive.

Four dealers attended the auction of bonds with weighted average yield of 7.9323% and 8.1000% cut-off point. Profit after placement was 1,204,689,461 drams ($ 1 - 475.69 drams). -0-


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