YEREVAN, September 28, /ARKA/. The Central Bank of Armenia said today it has placed 500 million Drams worth short-term government treasury bonds of AMGT1328С104 series with a maturity period of 13 weeks.
A press release by the bank said the total amount of bids was 2.2 billion Drams, of which 50 million Dram worth bids were non-competitive. It said nine dealers took part in the auction. The average weighted yield on a bond made 8.983.4% with a cutoff point of 8.9834%. ($1 – 362.73 Drams). -0-
