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Central bank of Armenia places one billion drams worth government short-term treasury bonds

YEREVAN, September 23, /ARKA/. The Central Bank of Armenia said today it has placed one billion Drams worth government short-term treasury bonds of AMGT29144118 series with a 29 week maturity period.

The Central Bank said also nine dealers took part in the auction. The total amount of bids amounted to two billion Drams, all competitive. The average weighted yield on a bond was 11.417.5%, with a cutoff point of 11.600.0%. ($1 – 363.23 Drams). M.M. -0-

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