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

Banks

YEREVAN, November 15, /ARKA/. Armenia’s Central Bank said today it has placed one billion Drams worth short-term government treasury bonds of AMGT39158116 series with a 39-week maturity period.

The Central Bank said a total of 1.8 billion Drams worth bids had been made, including 100 million Drams worth non-competitive bids made by the Treasury’s depositary. Seven dealers took part in the auction of bonds with an average weighted yield of 10.162.7% and a 10.659.7% cutoff point. ($1 – 360.00 Drams). -0-

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