CBA places short-term government bonds worth AMD 869 million

Banks

YEREVAN, January 17. /ARKA/. On Monday, the Central Bank of Armenia placed 39-week AMGT3917А119 treasury coupon government bonds worth AMD 869 million, the press office of the central bank reports.

Bids at the auction totaled AMD 909 million. Of them, AMD 769 million were competitive bids by dealers.

Noncompetitive bids from Treasury Depository amounted to AMD 100 million, and dealers’ noncompetitive bids totaled AMD 40,000.

Five dealers took part in the auction.

Yield of Highest Accepted Bids:

9.8500%. W.A. Yield of Successful Bids: 9.2531 %.

The issue announced amounted to AMD 1 billion. ($1 = AMD 364.53).-0—

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