YEREVAN, January 19 /ARKA/. Armenian banks’ investments in state treasury bonds (STB) stood at 166.5 billion drams at the end of November, 2011, having grown by 3.8% form October, the Central Bank of Armenia said in a report.

 

It said overall, resident investments in government bonds grew by 3.1% from October to 209.4 billion drams at the end of quarter 3, last year. The report says also banks accounted for 79.4% of all investments in state treasury bonds. The Central Bank accounted for 10.6% and agents, dealers and investors, not related to banks, accounted for 9.9%. Overall investments in state treasury bonds of both residents and non-residents grew by 4.2% from October to 209.7 billion drams.($1 – 388.82 drams).-0-