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Armenia’s Central Bank to place 6 billion drams worth bonds in July

YEREVAN, June 28, /ARKA/. Armenia’s Central Bank said it will place July 8 and 22 state midterm treasury bonds worth a total of 3 billion Drams (each placement worth 1.5 billion Drams).

The Central Bank said the bonds to be placed are of AMGN36093130 series. The minimum demand for purchase of a bond is 10,000 Drams with 1000 Drams step. The yield on a bond is set at 12.50%.

The Central Bank reported also it will place July 1 and 5 mid-term state treasury bonds worth a total of 3 billion Drams ( each placement worth 1.5 billion Drams). The Central Bank said the bonds to be placed are of AMGN60163155 series. The minimum demand for purchase of a bond is 10,000 Drams with 1000 Drams step. The yield on a bond is set at 13%. ($1 – 369.17 Drams). -0-

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