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Central Bank places one billion drams worth treasury bonds

YEREVAN, September 14, /ARKA/. The Central Bank of Armenia said it placed today one billion Drams worth short-term government treasury bonds of AMGT26153112 series with a 26 week maturity period. It said nine dealers took part in the auction. The total amount of bids, all competitive, was 2.2 billion Drams. The average weighted yield on a bond was 11.9819% with a 12.1000% cutoff point. ($1 – 363.33 Drams).  -0-

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Insurance market of Armenia is in embryonic state

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