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

Capital market

YEREVAN, October 25, /ARKA/. Armenia’s Central Bank said today it has placed one billion Drams worth short-term treasury bonds of AMGT23044116 series with a 23-week maturity period.

The Central Bank said in a press release that a total of 1.4 billion Dram worth bids had been made, including a 100 million Drams non-competitive bid. Five dealers participated in the auction of bonds with a weighted average yield of 10.216.3% and with a cutoff point of 10.400.0%. ($1 – 359.87 Drams). -0-

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