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Ministry of finance buys out 700 million word coupons

YEREVAN, November 10, /ARKA/. Armenian ministry of finance said it has bought out today 700 million Drams worth mid-term government (treasury) coupon bonds of AMGN60147141 series.

It said six dealers took part in the auction. The total amount of bids was 3.2 billion Drams. The annual yield on a coupon was 12.8%. ($1 – 364.09 Drams). -0-

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Insurance market of Armenia is in embryonic state

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