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

14.02.2017 14:21
Armenian central bank auctions 500 million drams worth short-term government bonds

YEREVAN, February 14. /ARKA/. The Central Bank of Armenia auctioned 500 million drams worth short-term government bonds of AMGT3913B170 issue with a maturity of 39 weeks.

It said a total of 1 billion 15 million drams worth bids had been submitted – all the bids were competitive.

Four dealers were said to have taken part in the auction of the bonds with the weighted average yield of 7.1584% and 7.1698% cut-off point.

The profit after placement amounted to 474 255 392 drams ($ 1 - 486.84 drams). --0----


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