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-

spot_img

POPULAR

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img