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Armenia’s Central Bank places 2.5 billion drams worth midterm government bonds

Capital market

YEREVAN, December 16, /ARKA/. Armenia’s Central Bank said it has placed today 2.5 billion Drams worth midterm government (treasury) coupon bonds of AMGN3621A138 series with a 36 month maturity period.

According to a press release issued by the Central Bank, a total of 10.2. billion Drams worth bids had been made by dealers, including 1.1 billion Dram worth non-competitive bids. Seven dealers took part in the auction of bonds with an average weighted yield of 13.68% and an 13.74% cutoff point. ($1 – 360.91 Drams). -0-

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