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

01.02.2017 15:50
Armenian central bank auctions AMD 500 million worth short-term government bonds

YEREVAN, February 1. /ARKA/. The Central Bank of Armenia has auctioned Tuesday 26-week AMGT26317173 government bonds totaling AMD 500 million, the press office of the Armenian finance ministry reports.

Bids at the auction totaled AMD 1 billion 650 million, where competitive bids amounted to AMD 1 billion 600 million and noncompetitive AMD 50 million.

Four dealers took part in the auction. The average weighted yield was 7.0000% with the cutting point of 7.0000%.

Profit from the auction amounted to AMD 482 910 340. ($1 -486.5). --0---


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