Armenian central bank auctions short-term government bonds worth AMD 500 million

06.12.2016 15:07
Armenian central bank auctions short-term government bonds worth AMD 500 million

YEREVAN, December 6. /ARKA/. The Central Bank of Armenia auctioned Monday AMGT5204C170 52-week government bonds worth AMD 500 million, the press office of the regulator told ARKA News Agency.

Bids at the auction totaled AMD 650 million – all the bids were competitive.

Two dealers took part in the auction. Average yield was 7.7288% with the cutting point of 7.8800%.

Profit from the auction amounted to AMD 463,758,570. ($1 – AMD 480.92). -0----


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