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

01.03.2017 14:38
Armenian central bank auctions AMD 500 million worth short-term government bonds

YEREVAN, March 1. /ARKA/. The Central Bank of Armenia auctioned Wednesday 13-week AMGT13295176 government bonds worth AMD 500 million.

Bids at the auction totaled AMD 2 billion 219 million, where competitive bids amounted to AMD 2 billion 2015 million and noncompetitive bids to AMD 4 million.

Five dealers took part in the auction. The average weighted yield was 6.2988% with 6.3487% cut-off point.

Profits from the auction amounted to AMD 492 163 786. ($1 – AMD 486.7). --0----


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