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

Capital market

YEREVAN, October 4, /ARKA/. Armenia’s Central Bank said today it has placed one billion Drams worth short-term government treasury bonds of AMGT5203А117 series with a 52- week maturity period.

The Central Bank said in a statement that a total of 1.7 billion Dram worth bids had been submitted, all competitive. Eight dealers took part in the auction. The average weighted yield on a bond was 11.504.8% with a cutoff point of 11.6998%. ($1 – 361.08 Drams).  -0-

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