CBA Places Short-Term Treasury Bonds Worth 500 Million Drams

Capital market

YEREVAN, June 21, /ARKA/. The Central Bank of Armenia said it has placed today state short-term treasury bonds with a 39-week maturity period of AMGT39213119 series worth 500 million Drams.

The Central Bank said 10 dealers participated in the auction. The amount of submitted bids made 2.5 billion Drams, of which 80 million Drams were non-competitive bids. The average yield on a bond was 9.0990%, with a 9.0990% cutoff point. ($1 – 372.48 Drams).—0–

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