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

YEREVAN November 23, /ARKA/. Armenia’s Central Bank said it has placed today one billion Drams worth short-term government (treasury) bonds of AMGT34197119 series with a 34-week maturity period.

The Bank said in a press release that almost 4.5 billion Drams worth bids had been received, including 100 million Drams worth non-competitive bids of the Treasury Depository. Ten dealers took part in the auction. The average weighted yield on a bond was 8.3% with a 9.9% cutoff point. ($1 – 361.87 Drams). -0-

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