YEREVAN, December 19. /ARKA/. Armenia’s Central Bank said it had auctioned December 16 some 3 billion drams worth short-term government bonds of AMGT26166174 issue with a maturity period of 26 weeks.

It said a total of 3.256 billion drams worth bids had been submitted, of which 3.226 billion drams worth bids were competitive.

The auction was attended by 4 dealers. The weighted average yield on a bond was 6.9380% with 7.0400% cut-off point. Profit after placement was said to have amounted to 2,898,338,967 drams ($ 1 - 484.17 drams). -0-