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

YEREVAN, December 13, /ARKA/. Armenia’s Central Bank said today it has placed one billion Drams worth short-term government (treasury) bonds of AMGT26136117 series with a 26 week maturity period.

According to a press release issued by the Central Bank, a total of 3.1 billion Drams worth bids had been made by dealers, including 100 million Dram worth non-competitive bids made by the Treasury Depository. Seven dealers took part in the auction of bonds with an average weighted yield of 8.3 % and an 8. % cutoff point. ($1 – 359.93 Drams). -0-

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