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

Capital market

YEREVAN, October 18, /ARKA/. Armenia’s Central Bank said today it has placed government short-term treasury bonds of AMGT39187115 series worth one billion Drams with a 39 week maturity period.

In a press release the Central Bank said 1.340 billion Drams worth competitive bids were received for the auction. Four dealers took part in it. The average yield on a bond was 10.147.9% with a cutoff point of 10.3487%. ($1 – 360.51 Drams).-0-

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