Central bank auctions 4 billion drams worth short-term government bonds

19.08.2016 18:48
Central bank auctions 4 billion drams worth short-term government bonds

YEREVAN, August 19. /ARKA/. Armenia’s Central Bank has auctioned today 4 billion drams worth short-term government bonds of AMGT0921A160 issue with a maturity of 9 weeks.

It said a total of 8.820 billion drams worth bids had been submitted, of which 8.250 billion drams worth bids were competitive.

The auction was attended by five dealers. The weighted average yield on a bond was 7.5063% with 7.5800% cut-off point. Profit after placement was 2,961,102,746 drams ($ 1 - 475.30 drams). -0-


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