Central Bank of Armenia places 4.5 billion drams long-term government treasury bonds

Capital market

YEREVAN, March 17, /ARKA/. The Central Bank of Armenia (CBA) said today it has placed 4.5 billion Drams worth long-term government treasury bonds of AMGB10172218 series. It said seven dealers took part in the auction for bonds.

The submitted bids totaled 5.4 billion Drams, including 4.8 billion Drams of competitve bids. The average weighteed yield on a bond was 15.3 % with a 15.4 % cutoff point. ($1 – 369.46 Drams) -0-

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