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Central Bank of Armenia places 500 million drams worth state short-term treasury bonds

YEREVAN, February 21, /ARKA/. The Central Bank of Armenia (CBA) said today it has placed 500 million Drams worth state short-term treasury bonds of AMGT3921B111 series with a 39- week maturity period.

The CBA said in a press release that a total of 2.45 billion Dram worth bids had been made, including 56 million Dram non-competitive bids. Nine dealers took part in the auction. The average weighted yield on a bond was

8.6694% with 8.9000% cut off point. ($1 – 365,83 Drams). -0-

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