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Central Bank of Armenia places one billion dram worth short-term government treasury bonds

YEREVAN, January 24. / ARKA /. The Central Bank of Armenia (CBA) said today it has placed one billion dram worth short-term government treasury bonds of AMGT13254113 series with a 13-week maturity period.

According to a CBA press release, 1.5 billion Drams worth competitive bid had been made by five dealers who took part in the auction. The average weighted yield on a bond was 8.5 % with a 9.49% cutoff point. ($1 – 367.39 Drams).  -0-

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