Mon, 16 June
17.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenia’s Central Bank places 500 million drams short-term government bonds

YEREVAN, February 28, /ARKA/. Armenia’s Central Bank said today it has placed 500 million Drams worth short-term government (treasury) bonds of AMGT13305113 series with a 13- week maturity period.

The Central Bank said in a press release that 1.6 billion Drams worth bids had been made, including 4.5 million Drams non-competitive bids made by dealers and 50 million Drams non-competitive bids made by the Treasury. It said five dealers took part in the auction. Te average weighted yield on a bond was 7.3%, the cutoff point was 8%. ($1 – 366.6 Drams). -0-

spot_img

POPULAR

Acba Bank donates amd 130 million to Military Insurance Fund (video)

Acba bank and other members of the financial group - ACBA Leasing and Amundi-ACBA - have donated more than AMD 130 million to Armenia's Military Insurance Fund in recent months, the press service of the bank reported

ARKA News Agency: 29 years of trust and professionalism

Dear friends, today is a special day for us at ARKA news agency as we proudly celebrate 29 years of dedicated service.

Average annual exchange rate of Armenian dram to US dollar  projected at 402 drams in 2025 – EDB

The value of the Armenian dram will decrease slightly in 2025, and its average annual exchange rate to the US dollar is projected at 402 drams in 2025, according to the Eurasian Development Bank’s (EDB)   macroeconomic forecast for 2025-2027.

Byblos Bank Armenia becomes CaseKey strategic partner

Byblos Bank Armenia has become the strategic partner of the CaseKey Business Case Competition, emphasizing the importance of continuous investment in promising educational programs.

EBRD’s investments in Armenia in 2024 reached record 400 million euros – Head of Finance Ministry

he European Bank for Reconstruction and Development's (EBRD) investments in Armenia in 2024 hit the record 400 million euros, Armenian Finance Minister Vahe Hovhannisyan said at a meeting with EBRD President Odile Renaud-Basso in London.

LATEST NEWS

spot_imgspot_imgspot_img