Armenian central bank auctions 4 billion drams worth long-term government bonds

13.02.2017 17:14
Armenian central bank auctions 4 billion drams worth long-term government bonds

YEREVAN, February 13. /ARKA/. Armenian Central Bank auctioned February 9 four billion drams worth long-term government bonds of AMGB1029A250 issue with a maturity of 10 years.

It said a total of 13.810 billion drams worth bids had been submitted, of which 12.290 billion drams worth bids were competitive.

Seven dealers were said to have taken part in the auction of the bonds with the weighted average yield of 11.5867% and 11.6330% cut-off point. The profit after placement was said to make 3,996,298,580 drams ($ 1 - 486.79 drams). -0-


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